FLOKI/USDT – 4H – BUY

The currency pair Floki/Tether (FLOKI/USDT) breaks through the bearish trendline up.

A bullish movement up to the next resistance level at 0.000093800 is likely expected.

Caution: A possible change in the direction of the support level at 0.000087500 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.

Also there is a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 9.8755E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.000093800 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000093800 – 0.000096180 – 0.000099450 – 0.000087500 – 0.000086130 – 0.000090550 — 56.762840929809 – 60.105156556023

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple bottom chart pattern – –