The combination Floki/Tether (FLOKI/USDT) breaks through the descending trendline up.
An ascent up to the next resistance level at 0.000130920 is certain.
Caution: A possible counter-trend in the direction of the support level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000135250 |
| 2nd High | 0.000134120 |
| Next High | 0.000130920 |
| Current Price | 0.000129600 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000130920 – 0.000134120 – 0.000135250 – 0.000121940 – 0.000119830 – 0.000119110 — 65.233366621674 – 65.939677707101
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern –