Buy FLOKI/USDT – 1H – BUY

The combination Floki/Tether (FLOKI/USDT) breaks through the bearish trendline upwards

An ascent up to the next resistance level at 0.000094530 will persist.

Caution: A possible trend reversal in the direction of the support level at 0.000087540 could happen.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.

Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Next a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000099450
2nd High 0.000096180
Next High 0.000094530
Current Price 0.000091550
Next Low 0.000087540
2nd Low 0.000086130
3rd Low 0.000080050

0.000094530 – 0.000096180 – 0.000095520 – 0.000087540 – 0.000086130 – 0.000088950 — 54.99438854819 – 55.150499195462

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