FLOKI/USDT – 1H – BUY

The pair Floki/Tether (FLOKI/USDT) moves from the bearish trendline up.

A bullish trend up to the next resistance at 0.000103670 will continue.

Caution: A possible change in the direction of the support level at 0.000097130 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.000103925 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.000103670 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000103670 – 0.000104970 – 0.000110720 – 0.000097130 – 0.000100160 – 0.000100390 — 52.802890941757 – 58.194047430032

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern – –