The currency pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance level at 0.000099080 will persist.
Caution: A possible counter-trend in the direction of the support line at 0.000096270 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The pair is likely to go up.
Then a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Then a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000108570 |
| 2nd High | 0.000105410 |
| Next High | 0.000099080 |
| Current Price | 0.000097530 |
| Next Low | 0.000096270 |
| 2nd Low | 0.000093480 |
| 3rd Low | 0.000092130 |
0.000099080 – 0.000098610 – 0.000105410 – 0.000096270 – 0.000093480 – 0.000092130 — 53.656142111584 – 55.743336053336
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern – –