The pair Floki/Tether (FLOKI/USDT) goes from the descending trendline up.
A bullish trend upwards to the next resistance level at 0.000135250 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000126240 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000157770 |
| Next High | 0.000135250 |
| Current Price | 0.000126830 |
| Next Low | 0.000126240 |
| 2nd Low | 0.000124720 |
| 3rd Low | 0.000123000 |
0.000135250 – 0.000157770 – 0.000155120 – 0.000126240 – 0.000138670 – 0.000137800
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double top retreat up –