FLOKI/USDT – 1H – BUY

The currency pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline upwards

A bullish movement upwards to the next resistance level at 0.000092770 is expected.

Caution: A possible change in the direction of the support zone at 0.000089000 could occur.
Consider stop-loss settings accordingly.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 9.302558E-5 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 0.000092770 could occur.
Consider stop-loss settings accordingly.

And also a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency 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).

0.000092770 – 0.000093800 – 0.000092480 – 0.000089000 – 0.000088850 – 0.000087500 — 60.264341102523 – 62.725349942272

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – – –