FLOKI/USDT – 4H – BUYThe combination Floki/Tether (FLOKI/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance level at 0.000113320 is expected.
Caution: A possible reversal of the trend in the direction of support at 0.000098460 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘StochRSI fall below 80’ indicator signal is found. The indicator is ‘StochRSI fall below 80’. which could be a positive signal. The currency pair could go up.
Besides a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000134430 |
| 2nd High | 0.000122000 |
| Next High | 0.000113320 |
| Current Price | 0.000107420 |
| Next Low | 0.000098460 |
| 2nd Low | 0.000092560 |
| 3rd Low | 0.000072580 |
0.000113320 – 0.000122000 – 0.000134430 – 0.000098460 – 0.000119110 – 0.000092560 — 48.927051028623 – 50.656068208516
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple bottom chart pattern – –