FLOKI/USDT – 1H – SELLThe pair Floki/Tether (FLOKI/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support level at 0.000128610 will continue.
Caution: A possible change in the direction of the resistance level at 0.000134430 could happen.
Consider stop-loss settings accordingly.
Then a ‘Southern Doji’ candle chart pattern is discovered. The chart shows ‘Southern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000157770 |
| Next High | 0.000134430 |
| Current Price | 0.000120500 |
| Next Low | 0.000128610 |
| 2nd Low | 0.000127880 |
| 3rd Low | 0.000119830 |
0.000134430 – 0.000132200 – 0.000134050 – 0.000128610 – 0.000127880 – 0.000119830 — 22.186930133567 – 21.821143137087
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Southern Doji – Double bottom retreat down –