The pair Floki/Tether (FLOKI/USDT) jumps from the bearish trendline up.
A bullish trend up to the next resistance line at 0.000110970 is certain.
Caution: A possible trend reversal in the direction of the support line at 0.000099550 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000123150 |
| 2nd High | 0.000111380 |
| Next High | 0.000110970 |
| Current Price | 0.000101450 |
| Next Low | 0.000099550 |
| 2nd Low | 0.000098330 |
| 3rd Low | 0.000095610 |
0.000110970 – 0.000108620 – 0.000105430 – 0.000099550 – 0.000103530 – 0.000105000 — 40.993908973407 – 41.55312818045
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – – –