FLOKI/USDT – 1H – BUYThe combination Floki/Tether (FLOKI/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance line at 0.000107750 will persist.
Caution: A possible reversal of the trend in the direction of support at 0.000081700 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance 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-Level.Continuation of the current ascending trend will persist. Target of the current trend is 9.252E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.000107750 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000123700 |
| 2nd High | 0.000117920 |
| Next High | 0.000107750 |
| Current Price | 0.000094350 |
| Next Low | 0.000081700 |
| 2nd Low | 0.000081150 |
| 3rd Low | 0.000074560 |
0.000092520 – 0.000085460 – 0.000086370 – 0.000081700 – 0.000081770 – 0.000082470
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji