FLOKI/USDT – 30M – BUY

The currency pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline up.

The bullish trend upwards to the next resistance line at 0.000101310 is certain.

Caution: A possible counter-trend in the direction of the support level at 0.000097080 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Then a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000101310 – 0.000104550 – 0.000104430 – 0.000097080 – 0.000097190 – 0.000097130 — 48.805000016078 – 50.955239413792

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double top retreat up – –