FLOKI/USDT – 1H – BUYThe currency pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 0.000094530 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.000087540 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000099450 |
| 2nd High | 0.000096180 |
| Next High | 0.000094530 |
| Current Price | 0.000091090 |
| Next Low | 0.000087540 |
| 2nd Low | 0.000086130 |
| 3rd Low | 0.000080050 |
0.000094530 – 0.000096180 – 0.000095520 – 0.000087540 – 0.000086130 – 0.000088950 — 49.86931899346 – 49.939236610373
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – – –