The pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 0.000103520 is expected.
Caution: A possible trend reversal in the direction of support at 0.000095000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.00010202 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.000103520 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which is a bullish chart scenario. 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 | 0.000111380 |
| 2nd High | 0.000110970 |
| Next High | 0.000103520 |
| Current Price | 0.000098400 |
| Next Low | 0.000095000 |
| 2nd Low | 0.000094670 |
| 3rd Low | 0.000093650 |
0.000103520 – 0.000102990 – 0.000099150 – 0.000095000 – 0.000094670 – 0.000093650 — 54.172772148787 – 60.188827179222
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – – –