The pair Floki/Tether (FLOKI/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.000102760 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.000098330 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000108570 |
| 2nd High | 0.000105410 |
| Next High | 0.000102760 |
| Current Price | 0.000104990 |
| Next Low | 0.000098330 |
| 2nd Low | 0.000095610 |
| 3rd Low | 0.000095380 |
0.000102760 – 0.000098560 – 0.000098390 – 0.000098330 – 0.000095610 – 0.000095380 — 61.60487978053 – 65.366238647246
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern – –