Buy FLOKI/USDT – 4H – BUY

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

A continuation of the bullish trend up to the next resistance line at 0.000110970 will continue.

Caution: A possible change in the direction of the support zone at 0.000093070 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair could go up.

Next a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 0.00010510776 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 0.000110970 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘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).

Support & Resistance Price Range*
3rd High 0.000123150
2nd High 0.000111380
Next High 0.000110970
Current Price 0.000101860
Next Low 0.000093070
2nd Low 0.000087500
3rd Low 0.000086130

0.000110970 – 0.000100040 – 0.000093800 – 0.000093070 – 0.000087500 – 0.000086130 — 59.614448659675 – 59.74857393239

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