The pair Floki/Tether (FLOKI/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 0.000111380 is certain.
Caution: A possible change in the direction of support at 0.000087500 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.00010004 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 0.000111380 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000124070 |
| 2nd High | 0.000123150 |
| Next High | 0.000111380 |
| Current Price | 0.000101970 |
| Next Low | 0.000087500 |
| 2nd Low | 0.000086130 |
| 3rd Low | 0.000072580 |
0.000100040 – 0.000093800 – 0.000096180 – 0.000087500 – 0.000086130 – 0.000090550 — 67.04810689578 – 67.844758424517
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple bottom chart pattern – –