The pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance level at 0.000134120 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 0.000119110 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. 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 | |
| 2nd High | 0.000157770 |
| Next High | 0.000134120 |
| Current Price | 0.000126360 |
| Next Low | 0.000119110 |
| 2nd Low | 0.000092560 |
| 3rd Low | 0.000091410 |
0.000134120 – 0.000157770 – 0.000155120 – 0.000119110 – 0.000137800 – 0.000135820 — 44.771658702049 – 47.149146032585
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple top chart pattern –