FLOKI/USDT – 1H – BUYAdditionally a ‘Double top retreat up’ chart formation is discovered. The chart forms ‘Double top retreat up’. this is a bullish signal. The currency pair is likely to go up.
The combination Floki/Tether (FLOKI/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance at 0.000104550 is expected.
Caution: A possible change in the direction of the support level at 0.000097080 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a positive signal. The 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 | 0.000110720 |
| 2nd High | 0.000104970 |
| Next High | 0.000104550 |
| Current Price | 0.000100210 |
| Next Low | 0.000097080 |
| 2nd Low | 0.000092560 |
| 3rd Low | 0.000091410 |
0.000104550 – 0.000103670 – 0.000104970 – 0.000097080 – 0.000097130 – 0.000100160 — 43.583963467641 – 47.977145108395
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double top retreat up – –