FLOKI/USDT – 1H – BUY

The currency pair Floki/Tether (FLOKI/USDT) goes from the ascending trendline upwards

A continuation of the upward movement up to the next resistance at 0.000102890 is considered certain.

Caution: A possible trend reversal in the direction of support at 0.000092560 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair could go up.

Besides a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 9.806E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.000102890 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. which 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’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000102890 – 0.000097750 – 0.000104710 – 0.000092560 – 0.000095150 – 0.000095030

Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern