The pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance level at 0.000096620 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.000093710 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a bullish chart scenario. 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 | 0.000102650 |
| 2nd High | 0.000102600 |
| Next High | 0.000096620 |
| Current Price | 0.000095380 |
| Next Low | 0.000093710 |
| 2nd Low | 0.000093070 |
| 3rd Low | 0.000090170 |
0.000096620 – 0.000095880 – 0.000102600 – 0.000093710 – 0.000093070 – 0.000099940 — 47.834909956726 – 50.256046733742
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double top retreat up – –