FLOKI/USDT – 1H – BUY

The currency pair Floki/Tether (FLOKI/USDT) goes from the ascending trendline upwards

A continuation of the upward movement upwards to the next resistance at 0.000148160 is likely expected.

Caution: A possible change in the direction of the support line at 0.000128310 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 0.00014816 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 0.000148160 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a positive 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’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000148160 – 0.000145900 – 0.000140000 – 0.000128310 – 0.000124720 – 0.000092560

Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern