The currency pair Floki/Tether (FLOKI/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.000145920 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.000134090 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is 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 will continue. Target of the current trend is 0.00014816 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 0.000145920 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000148160 |
| Next High | 0.000145920 |
| Current Price | 0.000153020 |
| Next Low | 0.000134090 |
| 2nd Low | 0.000129710 |
| 3rd Low | 0.000128310 |
0.000145920 – 0.000144250 – 0.000144630 – 0.000134090 – 0.000129710 – 0.000128310
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern