The combination Floki/Tether (FLOKI/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance at 0.000137850 is considered certain.
Caution: A possible trend reversal in the direction of support at 0.000124720 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.0001459 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.000137850 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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 | 0.000145900 |
| Next High | 0.000137850 |
| Current Price | 0.000135030 |
| Next Low | 0.000124720 |
| 2nd Low | 0.000123000 |
| 3rd Low | 0.000093290 |
0.000137850 – 0.000145900 – 0.000137960 – 0.000124720 – 0.000127810 – 0.000123000
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji –