The pair Floki/Tether (FLOKI/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance at 0.000141390 will continue.
Caution: A possible trend reversal in the direction of the support zone at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.
Also there is a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000144630 |
| 2nd High | 0.000144250 |
| Next High | 0.000141390 |
| Current Price | 0.000140990 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000141390 – 0.000144250 – 0.000141920 – 0.000136430 – 0.000133750 – 0.000133520
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple bottom chart pattern