FLOKI/USDT – 4H – BUYThe combination Floki/Tether (FLOKI/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.000157770 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.000119110 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000157770 |
| Current Price | 0.000132110 |
| Next Low | 0.000119110 |
| 2nd Low | 0.000092560 |
| 3rd Low | 0.000072580 |
0.000157770 – 0.000148160 – 0.000102890 – 0.000119110 – 0.000092560 – 0.000072580 — 48.015363759452 – 50.648154757324
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern –