FLOKI/USDT – 30M – BUYThe currency pair Floki/Tether (FLOKI/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 0.000100870 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.000095150 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ candlestick pattern is found. The candles show ‘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 likelyhood 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 | 0.000100070 |
| Next Low | 0.000095150 |
| 2nd Low | 0.000095030 |
| 3rd Low | 0.000091410 |
0.000100870 – 0.000098290 – 0.000097750 – 0.000095150 – 0.000095030 – 0.000091410
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji –