FLOKI/USDT – 30M – BUYThe pair Floki/Tether (FLOKI/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance at 0.000076780 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.000069800 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair is likely to rise.
Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Then a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a bullish chart scenario. 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 | 0.000079750 |
| 2nd High | 0.000077770 |
| Next High | 0.000076780 |
| Current Price | 0.000073200 |
| Next Low | 0.000069800 |
| 2nd Low | 0.000068970 |
| 3rd Low | 0.000068520 |
0.000072530 – 0.000076780 – 0.000077770 – 0.000069800 – 0.000073790 – 0.000073610
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji –