FLOKI/USDT – 1H – BUYThe currency pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.000145900 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.000124720 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000145900 |
| Current Price | 0.000135030 |
| Next Low | 0.000124720 |
| 2nd Low | 0.000092560 |
| 3rd Low | 0.000091410 |
0.000145900 – 0.000140000 – 0.000102890 – 0.000124720 – 0.000092560 – 0.000095150
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji –