Moreover a ‘Double bottom chart pattern’ chart layout is found. The chart picture shows ‘Double bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to rise.
The currency pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance level at 0.000091740 is likely expected.
Caution: A possible counter-trend in the direction of support at 0.000089210 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish pattern 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 | 0.000093800 |
| 2nd High | 0.000092770 |
| Next High | 0.000091740 |
| Current Price | 0.000090020 |
| Next Low | 0.000089210 |
| 2nd Low | 0.000088850 |
| 3rd Low | 0.000087500 |
0.000091740 – 0.000092770 – 0.000089940 – 0.000089210 – 0.000088850 – 0.000087500 — 43.850271732763 – 50.811884798599
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern – –