The currency pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline upwards
A bullish trend up to the next resistance at 0.000095520 will continue.
Caution: A possible trend reversal in the direction of the support line at 0.000090550 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000099420 |
| 2nd High | 0.000096290 |
| Next High | 0.000095520 |
| Current Price | 0.000094890 |
| Next Low | 0.000090550 |
| 2nd Low | 0.000080050 |
| 3rd Low | 0.000073130 |
0.000095520 – 0.000096290 – 0.000099420 – 0.000090550 – 0.000096000 – 0.000097250 — 60.115498937135 – 60.277759069919
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – – –