The currency pair Floki/Tether (FLOKI/USDT) breaks through the bearish trendline upwards
An ascent upwards to the next resistance level at 0.000094530 will persist.
Caution: A possible counter-trend in the direction of support at 0.000087540 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 9.40293E-5 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.000094530 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive chart scenario. 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 | 0.000096290 |
| 2nd High | 0.000096180 |
| Next High | 0.000094530 |
| Current Price | 0.000092430 |
| Next Low | 0.000087540 |
| 2nd Low | 0.000086130 |
| 3rd Low | 0.000080050 |
0.000091970 – 0.000090980 – 0.000094530 – 0.000087540 – 0.000086130 – 0.000088950 — 59.602781012411 – 61.113414107509
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – – –