The pair Floki/Tether (FLOKI/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance level at 0.000102990 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.000094670 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candle pattern is discovered. The candles form ‘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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000111380 |
| 2nd High | 0.000110970 |
| Next High | 0.000102990 |
| Current Price | 0.000102300 |
| Next Low | 0.000094670 |
| 2nd Low | 0.000093650 |
| 3rd Low | 0.000093070 |
0.000102990 – 0.000099150 – 0.000110970 – 0.000094670 – 0.000093650 – 0.000093070 — 62.762480208546 – 64.321973569031
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom retreat down – –