FLOKI/USDT – 30M – BUYIn addition a ‘Double bottom chart pattern’ chart layout is discovered. The formation shows ‘Double bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to rise.
The pair Floki/Tether (FLOKI/USDT) goes from the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 0.000100870 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000095150 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
In addition a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000104710 |
| 2nd High | 0.000101930 |
| Next High | 0.000100870 |
| Current Price | 0.000100090 |
| Next Low | 0.000095150 |
| 2nd Low | 0.000095030 |
| 3rd Low | 0.000091410 |
0.000100870 – 0.000098290 – 0.000097750 – 0.000095150 – 0.000095030 – 0.000091410
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern