The currency pair Floki/Tether (FLOKI/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 0.000155120 is expected.
Caution: A possible change in the direction of support at 0.000137800 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.
Next a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.
Next a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. 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 | |
| 2nd High | |
| Next High | 0.000155120 |
| Current Price | 0.000145240 |
| Next Low | 0.000137800 |
| 2nd Low | 0.000135820 |
| 3rd Low | 0.000134090 |
0.000155120 – 0.000143420 – 0.000143310 – 0.000137800 – 0.000135820 – 0.000134090
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji –