The currency pair Floki/Tether (FLOKI/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 0.000155120 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000137800 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000155120 |
| Current Price | 0.000151050 |
| Next Low | 0.000137800 |
| 2nd Low | 0.000135820 |
| 3rd Low | 0.000134090 |
0.000155120 – 0.000145920 – 0.000144250 – 0.000137800 – 0.000135820 – 0.000134090
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji –