The currency pair Floki/Tether (FLOKI/USDT) jumps from the bearish trendline upwards
An ascent upwards to the next resistance line at 0.000124710 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.000093290 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000134430 |
| 2nd High | 0.000132900 |
| Next High | 0.000124710 |
| Current Price | 0.000116340 |
| Next Low | 0.000093290 |
| 2nd Low | 0.000092560 |
| 3rd Low | 0.000091410 |
0.000124710 – 0.000132900 – 0.000134430 – 0.000117820 – 0.000128610 – 0.000129050 — 31.047829177917 – 41.627181605215
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double top retreat up –