FLOKI/USDT – 1H – BUY

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

An ascent upwards to the next resistance level at 0.000099150 will continue.

Caution: A possible counter-trend in the direction of the support level at 0.000093650 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.

In addition a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.00010202 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000099150 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000099150 – 0.000110970 – 0.000102760 – 0.000093650 – 0.000093070 – 0.000099550 — 65.805819943743 – 67.019751338659

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Inverse Head and Shoulder chart pattern – –