There is also a ‘Double top retreat up’ chart formation is existing. The chart forms ‘Double top retreat up’. this is a bullish chart scenario. The pair is likely to go up.
The pair Floki/Tether (FLOKI/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance level at 0.000103670 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000097130 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive 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 | 0.000110720 |
| 2nd High | 0.000104970 |
| Next High | 0.000103670 |
| Current Price | 0.000100380 |
| Next Low | 0.000097130 |
| 2nd Low | 0.000092560 |
| 3rd Low | 0.000091410 |
0.000103670 – 0.000104970 – 0.000110720 – 0.000097130 – 0.000100160 – 0.000100390 — 45.174711950857 – 49.610573477122
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double top retreat up – –