In addition a ‘Double top retreat up’ chart pattern is discovered. The chart forms ‘Double top retreat up’. which is a bullish pattern signal. The currency pair is likely to go up.
The combination Floki/Tether (FLOKI/USDT) moves from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 0.000132200 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 0.000128420 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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 | 0.000134120 |
| 2nd High | 0.000134050 |
| Next High | 0.000132200 |
| Current Price | 0.000130920 |
| Next Low | 0.000128420 |
| 2nd Low | 0.000127880 |
| 3rd Low | 0.000121940 |
0.000132200 – 0.000134050 – 0.000130920 – 0.000128420 – 0.000127880 – 0.000121940 — 45.486832932601 – 54.714818574152
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double top retreat up –