FLOKI/USDT – 30M – BUY

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

A continuation of the upward movement up to the next resistance at 0.000107720 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.000104270 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.

Furthermore a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.00010898 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.000107720 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Northern Doji’ candle chart pattern is found. The candles show ‘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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000107720 – 0.000106240 – 0.000107860 – 0.000104270 – 0.000104230 – 0.000100390 — 59.675411614427 – 61.35021803103

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