FLOKI/USDT – 1H – BUY

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

An ascent upwards to the next resistance at 0.000092480 will persist.

Caution: A possible change in the direction of support at could occur.
Please make appropriate stop-loss settings in the case of a trade.

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

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 9.40293E-5 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance line at 0.000092480 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000092480 – 0.000094530 – 0.000096180 – 0.000087540 – 0.000086130 – 0.000088950 — 55.231191688605 – 57.203279575896

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern – –