The combination Floki/Tether (FLOKI/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance line at 0.000112260 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.000106290 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘StochRSI cross above 20’ indicator layout is detected. The indicator is ‘StochRSI cross above 20’. this is usually a bullish signal. The currency pair is likely to rise.
In addition a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
In addition a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000122000 |
| 2nd High | 0.000120010 |
| Next High | 0.000112260 |
| Current Price | 0.000110770 |
| Next Low | 0.000106290 |
| 2nd Low | 0.000098460 |
| 3rd Low | 0.000093290 |
0.000112260 – 0.000110080 – 0.000108620 – 0.000106290 – 0.000098460 – 0.000102660 — 50.084043009393 – 53.344587272262
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple top chart pattern – –