FLOKI/USDT – 30M – BUY

The currency pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance at 0.000108490 will persist.

Caution: A possible counter-trend in the direction of the support line at 0.000105850 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘StochRSI fall below 80’ indicator layout is existing. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish signal. The currency pair could go down.

Besides a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 0.00010849 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000108490 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which 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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000108490 – 0.000108110 – 0.000106250 – 0.000105850 – 0.000102810 – 0.000101230 — 53.340796357999 – 55.74030837092

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – – –