The currency pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance level at 0.000110240 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.000101170 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘RSI cross above 30’ indicator signal is found. The indicator shows ‘RSI cross above 30’. which could be a positive signal. The pair is likely to go up.
Next a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
Next a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a positive signal. The 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 | 0.000122000 |
| 2nd High | 0.000120010 |
| Next High | 0.000110240 |
| Current Price | 0.000106420 |
| Next Low | 0.000101170 |
| 2nd Low | 0.000093290 |
| 3rd Low | 0.000092560 |
0.000110240 – 0.000120010 – 0.000122000 – 0.000101170 – 0.000104490 – 0.000105240 — 44.836287994079 – 51.533202709959
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple top chart pattern –