The currency pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline downwards
A bearish descent down to the next support at 0.000169000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.000184870 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Southern Doji’ candlestick chart pattern is found. The chart forms ‘Southern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000241900 |
2nd High | 0.000232820 |
Next High | 0.000184870 |
Current Price | 0.000170610 |
Next Low | 0.000169000 |
2nd Low | 0.000168520 |
3rd Low | 0.000165220 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Southern Doji