FLOKI/USDT – 1H – SELLThe combination Floki/Tether (FLOKI/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.000086130 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000094530 could occur.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern 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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000099450 |
| 2nd High | 0.000096180 |
| Next High | 0.000094530 |
| Current Price | 0.000091220 |
| Next Low | 0.000086130 |
| 2nd Low | 0.000080050 |
| 3rd Low | 0.000072580 |
0.000094530 – 0.000096180 – 0.000095520 – 0.000086130 – 0.000088950 – 0.000093070 — 55.551479753367 – 54.533418955661
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – – –