The currency pair Floki/Tether (FLOKI/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance at 0.000135250 is certain.
Caution: A possible counter-trend in the direction of support at 0.000119110 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. which is a positive 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000157770 |
| Next High | 0.000135250 |
| Current Price | 0.000129110 |
| Next Low | 0.000119110 |
| 2nd Low | 0.000093290 |
| 3rd Low | 0.000092560 |
0.000135250 – 0.000157770 – 0.000155120 – 0.000119110 – 0.000126240 – 0.000138670
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double top retreat up –