The combination Floki/Tether (FLOKI/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance level at 0.000098560 is considered certain.
Caution: A possible change in the direction of the support zone at 0.000095610 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The 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 | 0.000100040 |
| 2nd High | 0.000098820 |
| Next High | 0.000098560 |
| Current Price | 0.000098570 |
| Next Low | 0.000095610 |
| 2nd Low | 0.000095380 |
| 3rd Low | 0.000094340 |
0.000098560 – 0.000098390 – 0.000098820 – 0.000095610 – 0.000095380 – 0.000095630 — 59.957384320608 – 61.32835110457
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – – –