FLOKI/USDT – 4H – BUYThe combination Floki/Tether (FLOKI/USDT) moves from the descending trendline upwards
The bullish trend up to the next resistance at 0.000110720 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 0.000092560 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. which is a positive pattern signal. 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’ going 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 | 0.000101440 |
| Next Low | 0.000092560 |
| 2nd Low | 0.000072580 |
| 3rd Low | 0.000069800 |
0.000110720 – 0.000123150 – 0.000124070 – 0.000100390 – 0.000106020 – 0.000101230 — 41.073347358039 – 44.939558872443
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – – –