The combination Floki/Tether (FLOKI/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance at 0.000123200 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.000106020 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.00012407 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.000123200 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000124710 |
| 2nd High | 0.000124070 |
| Next High | 0.000123200 |
| Current Price | 0.000120250 |
| Next Low | 0.000106020 |
| 2nd Low | 0.000105850 |
| 3rd Low | 0.000101230 |
0.000119680 – 0.000123200 – 0.000124070 – 0.000106020 – 0.000114330 – 0.000105850 — 58.228063804981 – 60.976912028847
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern – –