FLOKI/USDT – 4H – BUY

The currency pair Floki/Tether (FLOKI/USDT) breaks through the bullish trendline upwards

A continuation of the bullish trend up to the next resistance at 0.000107750 is considered certain.

Caution: A possible reversal of the trend in the direction of the support line at 0.000092560 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 0.00010471 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000107750 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. this 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000102890 – 0.000104710 – 0.000079750 – 0.000092560 – 0.000072580 – 0.000069800

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