Buy FLOKI/USDT – 1H – BUY

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

The bullish trend up to the next resistance level at 0.000132200 is certain.

Caution: A possible change in the direction of the support zone at 0.000127880 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘RSI cross above 70’ indicator layout is found. The indicator shows ‘RSI cross above 70’. which is often a bullish chart scenario. The pair is likely to go up.

Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Then a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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 0.000134120
2nd High 0.000134050
Next High 0.000132200
Current Price 0.000131490
Next Low 0.000127880
2nd Low 0.000119830
3rd Low 0.000119110

0.000132200 – 0.000134050 – 0.000130920 – 0.000127880 – 0.000119830 – 0.000119110 — 56.191875580989 – 56.640017540141

Trading Signals:

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