Buy FLOKI/USDT – 1H – BUY

The pair Floki/Tether (FLOKI/USDT) breaks through the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance at 0.000108570 is expected.

Caution: A possible reversal of the trend in the direction of support at 0.000095610 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 0.00010004 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.000108570 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000123150
2nd High 0.000111380
Next High 0.000108570
Current Price 0.000101720
Next Low 0.000095610
2nd Low 0.000095380
3rd Low 0.000094340

0.000098820 – 0.000100040 – 0.000092770 – 0.000095610 – 0.000095380 – 0.000094340 — 74.48841413024 – 76.143578653924

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