The combination Floki/Tether (FLOKI/USDT) jumps from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 0.000098820 is certain.
Caution: A possible trend reversal in the direction of the support level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 9.88202E-5 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.000098820 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Northern Doji’ candle chart pattern is discovered. 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000105410 |
| 2nd High | 0.000100040 |
| Next High | 0.000098820 |
| Current Price | 0.000097440 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000098820 – 0.000100040 – 0.000098830 – 0.000095630 – 0.000094340 – 0.000096370 — 53.535056422027 – 55.496442730091
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple bottom chart pattern – –