The currency pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance level at 0.000108110 is considered certain.
Caution: A possible trend reversal in the direction of support at 0.000102810 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘RSI cross above 70’ indicator layout is found. The indicator is ‘RSI cross above 70’. which could be a positive signal. The pair is likely to go up.
And also a ‘StochRSI cross above 20’ indicator layout is found. The indicator is ‘StochRSI cross above 20’. which could be a positive signal. The pair is likely to go up.
And also a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern signal. The 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 | 0.000113320 |
| 2nd High | 0.000109790 |
| Next High | 0.000108110 |
| Current Price | 0.000108190 |
| Next Low | 0.000102810 |
| 2nd Low | 0.000101230 |
| 3rd Low | 0.000098460 |
0.000108110 – 0.000106250 – 0.000107000 – 0.000102810 – 0.000101230 – 0.000101310 — 62.078981422203 – 67.330252197062
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern – –