The currency pair Floki/Tether (FLOKI/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance level at 0.000132200 is certain.
Caution: A possible change in the direction of the support zone at 0.000127880 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘RSI cross above 70’ indicator layout is found. The indicator shows ‘RSI cross above 70’. which is often a bullish chart scenario. The pair is likely to go up.
Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Then a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000134120 |
| 2nd High | 0.000134050 |
| Next High | 0.000132200 |
| Current Price | 0.000131490 |
| Next Low | 0.000127880 |
| 2nd Low | 0.000119830 |
| 3rd Low | 0.000119110 |
0.000132200 – 0.000134050 – 0.000130920 – 0.000127880 – 0.000119830 – 0.000119110 — 56.191875580989 – 56.640017540141
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom retreat down –