The pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance level at 0.000107730 is expected.
Caution: A possible counter-trend in the direction of the support line at 0.000104270 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. 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 | 0.000108980 |
| 2nd High | 0.000107860 |
| Next High | 0.000107730 |
| Current Price | 0.000107830 |
| Next Low | 0.000104270 |
| 2nd Low | 0.000104230 |
| 3rd Low | 0.000100390 |
0.000107730 – 0.000107720 – 0.000106240 – 0.000104270 – 0.000104230 – 0.000100390 — 59.661849533001 – 60.605531306593
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – – –