FLOKI/USDT – 4H – BUYThe currency pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance line at 0.000124070 will persist.
Caution: A possible change in the direction of support at 0.000106020 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000157770 |
| 2nd High | 0.000134430 |
| Next High | 0.000124070 |
| Current Price | 0.000120250 |
| Next Low | 0.000106020 |
| 2nd Low | 0.000101230 |
| 3rd Low | 0.000098460 |
0.000124070 – 0.000113320 – 0.000122000 – 0.000106020 – 0.000101230 – 0.000098460 — 55.138989041422 – 57.126236452871
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern – –