There is also a ‘Falling Wedge Chart Pattern’ chart pattern is existing. The formation shows ‘Falling Wedge Chart Pattern’. this is a bullish pattern signal. The currency pair is likely to rise.
The combination Floki/Tether (FLOKI/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 0.000080130 will persist.
Caution: A possible change in the direction of the support line at 0.000075660 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish pattern signal. The 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 | 0.000098390 |
| 2nd High | 0.000088600 |
| Next High | 0.000080130 |
| Current Price | 0.000078710 |
| Next Low | 0.000075660 |
| 2nd Low | 0.000075020 |
| 3rd Low | 0.000074560 |
0.000080130 – 0.000078390 – 0.000088600 – 0.000075660 – 0.000075020 – 0.000092020
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji