The pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance level at 0.000098590 will persist.
Caution: A possible change in the direction of the support level at 0.000095000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 9.8295E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.000098590 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000103520 |
| 2nd High | 0.000098950 |
| Next High | 0.000098590 |
| Current Price | 0.000096150 |
| Next Low | 0.000095000 |
| 2nd Low | 0.000094670 |
| 3rd Low | 0.000093650 |
0.000098590 – 0.000098950 – 0.000103520 – 0.000095000 – 0.000094670 – 0.000093650 — 42.773550377496 – 43.947163320598
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern – –