The pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 0.000141920 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.000133750 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000148160 |
| 2nd High | 0.000144630 |
| Next High | 0.000141920 |
| Current Price | 0.000136220 |
| Next Low | 0.000133750 |
| 2nd Low | 0.000133520 |
| 3rd Low | 0.000129710 |
0.000141920 – 0.000144630 – 0.000148160 – 0.000133750 – 0.000133520 – 0.000129710
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double top chart pattern