FLOKI/USDT – 4H – SELLThe currency pair Floki/Tether (FLOKI/USDT) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 0.000086130 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.000093800 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Collapsing Doji Star’ candlestick chart pattern is existing. The chart shows ‘Collapsing Doji Star’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000099450 |
| 2nd High | 0.000096180 |
| Next High | 0.000093800 |
| Current Price | 0.000089170 |
| Next Low | 0.000086130 |
| 2nd Low | 0.000072580 |
| 3rd Low | 0.000069800 |
0.000093800 – 0.000096180 – 0.000099450 – 0.000086130 – 0.000090550 – 0.000092130 — 50.283358939116 – 44.019807742469
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Collapsing Doji Star – Rising Wedge Chart Pattern – –