The combination Floki/Tether (FLOKI/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance at 0.000094990 will continue.
Caution: A possible change in the direction of support at 0.000087980 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000117920 |
| 2nd High | 0.000107750 |
| Next High | 0.000094990 |
| Current Price | 0.000094310 |
| Next Low | 0.000087980 |
| 2nd Low | 0.000081700 |
| 3rd Low | 0.000081150 |
0.000094990 – 0.000092520 – 0.000085460 – 0.000087980 – 0.000081700 – 0.000081770
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji