The currency pair Floki/Tether (FLOKI/USDT) goes from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 5.0E-5 is certain.
Caution: A possible trend reversal in the direction of support at 0.000041830 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.0E-5 |
| 2nd High | 6.0E-5 |
| Next High | 5.0E-5 |
| Current Price | 0.000042910 |
| Next Low | 0.000041830 |
| 2nd Low | 4.0E-5 |
| 3rd Low |
5.0E-5 – 5.0E-5 – 5.0E-5 – 0.000041830 – 4.0E-5 – 5.0E-5 — 40.85170648222 – 47.009644397951 — 89.999765472924 – 89.999765472924 – 87.841177580125 – 89.999765472924
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – – –