The currency pair Floki/Tether (FLOKI/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 0.000108620 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.000098330 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000111380 |
| 2nd High | 0.000110420 |
| Next High | 0.000108620 |
| Current Price | 0.000108090 |
| Next Low | 0.000098330 |
| 2nd Low | 0.000095610 |
| 3rd Low | 0.000095380 |
0.000108620 – 0.000105430 – 0.000102760 – 0.000098330 – 0.000095610 – 0.000095380 — 61.198168010863 – 64.326510049356
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple bottom chart pattern – –