FLOKI/USDT – 30M – BUYMoreover a ‘Double top retreat up’ chart formation is existing. The chart forms ‘Double top retreat up’. this is a bullish chart scenario. The currency pair is likely to go up.
The currency pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 0.000071160 will persist.
Caution: A possible trend reversal in the direction of support at 0.000067980 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000074320 |
| 2nd High | 0.000073450 |
| Next High | 0.000071160 |
| Current Price | 0.000070290 |
| Next Low | 0.000067980 |
| 2nd Low | 0.000059230 |
| 3rd Low |
0.000071160 – 0.000073450 – 0.000073230 – 0.000067980 – 0.000070580 – 0.000071010
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double top retreat up