The pair Floki/Tether (FLOKI/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance level at 0.000110240 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000105900 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.00011263308 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000110240 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000124710 |
| 2nd High | 0.000122000 |
| Next High | 0.000110240 |
| Current Price | 0.000107350 |
| Next Low | 0.000105900 |
| 2nd Low | 0.000092560 |
| 3rd Low | 0.000091410 |
0.000110240 – 0.000122000 – 0.000124710 – 0.000105900 – 0.000128610 – 0.000127880 — 46.207790404145 – 49.316179375187
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple top chart pattern –