The pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.000119200 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.000115770 is also possible.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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 | 0.000123200 |
| 2nd High | 0.000119680 |
| Next High | 0.000119200 |
| Current Price | 0.000118970 |
| Next Low | 0.000115770 |
| 2nd Low | 0.000106020 |
| 3rd Low | 0.000105850 |
0.000119200 – 0.000119680 – 0.000116950 – 0.000115770 – 0.000106020 – 0.000116790 — 56.201492666219 – 58.800116332342
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple bottom chart pattern – –