FLOKI/USDT – 1H – BUYThe currency pair Floki/Tether (FLOKI/USDT) goes from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 0.000100870 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.000095030 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
Additionally a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000107750 |
| 2nd High | 0.000104710 |
| Next High | 0.000100870 |
| Current Price | 0.000100090 |
| Next Low | 0.000095030 |
| 2nd Low | 0.000091410 |
| 3rd Low | 0.000080050 |
0.000100870 – 0.000097750 – 0.000104710 – 0.000095030 – 0.000091410 – 0.000093250
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern