FLOKI/USDT – 4H – BUYThe currency pair Floki/Tether (FLOKI/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 0.000122000 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.000092560 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. The 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 | 0.000157770 |
| 2nd High | 0.000134430 |
| Next High | 0.000122000 |
| Current Price | 0.000107510 |
| Next Low | 0.000092560 |
| 2nd Low | 0.000072580 |
| 3rd Low | 0.000069800 |
0.000122000 – 0.000134430 – 0.000157770 – 0.000119110 – 0.000092560 – 0.000072580 — 43.243051532892 – 46.050414570204
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple top chart pattern –