The pair Floki/Tether (FLOKI/USDT) goes from the bearish trendline up.
An ascending movement up to the next resistance line at 0.000105410 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.000092130 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. 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 | 0.000110420 |
| 2nd High | 0.000108570 |
| Next High | 0.000105410 |
| Current Price | 0.000094760 |
| Next Low | 0.000092130 |
| 2nd Low | 0.000091410 |
| 3rd Low | 0.000080050 |
0.000105410 – 0.000108570 – 0.000107270 – 0.000092130 – 0.000096770 – 0.000100780 — 42.853045887416 – 43.483418940715
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple top chart pattern – –