The combination Floki/Tether (FLOKI/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance at 0.000084410 is expected.
Caution: A possible change in the direction of the support level at 0.000081770 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000087820 |
2nd High | 0.000086370 |
Next High | 0.000084410 |
Current Price | 0.000082940 |
Next Low | 0.000081770 |
2nd Low | 0.000081150 |
3rd Low | 0.000074560 |
0.000084410 – 0.000086370 – 0.000087820 – 0.000081770 – 0.000082810 – 0.000082470
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji