FLOKI/USDT – 4H – BUYThe combination Floki/Tether (FLOKI/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 5.0E-5 is expected.
Caution: A possible change in the direction of support at 4.0E-5 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. this is a bullish signal. 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 | 8.0E-5 |
| 2nd High | 7.0E-5 |
| Next High | 5.0E-5 |
| Current Price | 0.000048200 |
| Next Low | 4.0E-5 |
| 2nd Low | 2.0E-5 |
| 3rd Low |
5.0E-5 – 7.0E-5 – 7.0E-5 – 4.0E-5 – 5.0E-5 – 5.0E-5 — 43.194353207231 – 45.176478505043 — 5.0977499045678 – 11.02324695122 – 2.4628837121558 – 5.755482490579
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple bottom chart pattern – –