FLOKI/USDT – 30M – BUYThe currency pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance level at 0.000096180 is expected.
Caution: A possible reversal of the trend in the direction of support at 0.000093470 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 | 0.000096180 |
| Current Price | 0.000094720 |
| Next Low | 0.000093470 |
| 2nd Low | 0.000093070 |
| 3rd Low | 0.000090550 |
0.000096180 – 0.000095050 – 0.000095520 – 0.000093470 – 0.000093070 – 0.000090550 — 46.684408770509 – 51.517558256523
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern – –