Buy FLOKI/USDT – 1H – BUY

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

An ascending movement upwards to the next resistance line at 0.000098820 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at 0.000095380 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.00010004 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.000098820 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

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

Support & Resistance Price Range*
3rd High 0.000108570
2nd High 0.000100040
Next High 0.000098820
Current Price 0.000098240
Next Low 0.000095380
2nd Low 0.000094340
3rd Low 0.000090170

0.000098820 – 0.000100040 – 0.000092770 – 0.000095380 – 0.000094340 – 0.000090170 — 57.207394497668 – 57.686105017171

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