The combination Floki/Tether (FLOKI/USDT) goes from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 0.000098040 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.000094410 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.
Also there is a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.000104710 |
| 2nd High | 0.000102890 |
| Next High | 0.000098040 |
| Current Price | 0.000096120 |
| Next Low | 0.000094410 |
| 2nd Low | 0.000091410 |
| 3rd Low | 0.000080050 |
0.000098040 – 0.000102890 – 0.000100870 – 0.000094410 – 0.000095150 – 0.000095030
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double top retreat up