FLOKI/USDT – 1H – BUYThe pair Floki/Tether (FLOKI/USDT) goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.000098390 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000081700 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000117920 |
| 2nd High | 0.000107750 |
| Next High | 0.000098390 |
| Current Price | 0.000089700 |
| Next Low | 0.000081700 |
| 2nd Low | 0.000081150 |
| 3rd Low | 0.000074560 |
0.000098390 – 0.000097330 – 0.000092520 – 0.000081700 – 0.000081770 – 0.000082470
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji