FLOKI/USDT – 1H – BUY

The currency pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline up.

The bullish trend up to the next resistance level at 0.000130920 will continue.

Caution: A possible counter-trend in the direction of the support line at 0.000119830 should be noted.
Consider stop-loss settings accordingly.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.00013844 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.000130920 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000130920 – 0.000134120 – 0.000157770 – 0.000119830 – 0.000119110 – 0.000137800 — 53.928824444174 – 55.904518496074

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