Also there is a ‘Double top retreat up’ chart formation is existing. The formation shows ‘Double top retreat up’. which is a bullish chart scenario. The pair is likely to go up.
The pair Floki/Tether (FLOKI/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance line at 0.000103670 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.000097130 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000110720 |
| 2nd High | 0.000104970 |
| Next High | 0.000103670 |
| Current Price | 0.000100380 |
| Next Low | 0.000097130 |
| 2nd Low | 0.000092560 |
| 3rd Low | 0.000091410 |
0.000103670 – 0.000104970 – 0.000110720 – 0.000097130 – 0.000100160 – 0.000100390 — 45.174711950857 – 49.610573477122
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double top retreat up – –