FLOKI/USDT – 1H – BUYThe currency pair Floki/Tether (FLOKI/USDT) goes from the descending trendline upwards
A bullish trend up to the next resistance line at 0.000108980 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 0.000102630 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Next a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000123200 |
| 2nd High | 0.000123150 |
| Next High | 0.000108980 |
| Current Price | 0.000103260 |
| Next Low | 0.000102630 |
| 2nd Low | 0.000101230 |
| 3rd Low | 0.000098460 |
0.000108980 – 0.000123150 – 0.000119680 – 0.000102630 – 0.000106020 – 0.000114330 — 28.220494670424 – 37.113970969933
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double top retreat up – –