The combination Floki/Tether (FLOKI/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance level at 0.000096290 will persist.
Caution: A possible change in the direction of the support level at 0.000090550 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 9.5E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.000096290 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000099450 |
| 2nd High | 0.000099420 |
| Next High | 0.000096290 |
| Current Price | 0.000093380 |
| Next Low | 0.000090550 |
| 2nd Low | 0.000080050 |
| 3rd Low | 0.000073130 |
0.000096290 – 0.000099420 – 0.000099450 – 0.000090550 – 0.000096000 – 0.000097250 — 50.996141922915 – 53.361254632074
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double top chart pattern – –