FLOKI/USDT – 30M – BUY

The combination Floki/Tether (FLOKI/USDT) breaks through the ascending trendline upwards

A continuation of the bullish trend up to the next resistance line at 0.000084100 is expected.

Caution: A possible trend reversal in the direction of support at 0.000055790 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 7.982E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 0.000084100 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. 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).

Besides a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.

Download FLOKI/USDT Signal Image

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji