FLOKI/USDT – 1H – BUYThe currency pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 0.000072120 is expected.
Caution: A possible trend reversal in the direction of support at 0.000068970 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000074770 |
| 2nd High | 0.000073450 |
| Next High | 0.000072120 |
| Current Price | 0.000070330 |
| Next Low | 0.000068970 |
| 2nd Low | 0.000067980 |
| 3rd Low | 0.000059230 |
0.000072120 – 0.000071950 – 0.000073450 – 0.000068970 – 0.000067980 – 0.000059230
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji –