The combination Floki/Tether (FLOKI/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance at 0.000092130 will continue.
Caution: A possible reversal of the trend in the direction of support at 0.000090170 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 9.213E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.000092130 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000093800 |
| 2nd High | 0.000092770 |
| Next High | 0.000092130 |
| Current Price | 0.000092100 |
| Next Low | 0.000090170 |
| 2nd Low | 0.000089000 |
| 3rd Low | 0.000088850 |
0.000092130 – 0.000091710 – 0.000090380 – 0.000090170 – 0.000090520 – 0.000089000 — 64.375778227602 – 65.89073698166
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern – –