The combination Floki/Tether (FLOKI/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance level at 0.000110720 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.000098460 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
In addition a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000124070 |
| 2nd High | 0.000123150 |
| Next High | 0.000110720 |
| Current Price | 0.000102710 |
| Next Low | 0.000098460 |
| 2nd Low | 0.000092560 |
| 3rd Low | 0.000072580 |
0.000110720 – 0.000123150 – 0.000124070 – 0.000100390 – 0.000106020 – 0.000101230 — 43.363805008656 – 48.438625109513
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double top retreat up – –