The combination Floki/Tether (FLOKI/USDT) breaks through the descending trendline up.
An ascent upwards to the next resistance level at 0.000100870 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.000095030 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The currency 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000104710 |
| 2nd High | 0.000101930 |
| Next High | 0.000100870 |
| Current Price | 0.000096250 |
| Next Low | 0.000095030 |
| 2nd Low | 0.000091410 |
| 3rd Low | 0.000080050 |
0.000100870 – 0.000098290 – 0.000097750 – 0.000095030 – 0.000091410 – 0.000093250
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji –