The currency pair Floki/Tether (FLOKI/USDT) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 0.000095380 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.000098390 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000100040 |
| 2nd High | 0.000098820 |
| Next High | 0.000098390 |
| Current Price | 0.000097690 |
| Next Low | 0.000095380 |
| 2nd Low | 0.000094340 |
| 3rd Low | 0.000090170 |
0.000098390 – 0.000098820 – 0.000100040 – 0.000095380 – 0.000095630 – 0.000094340 — 53.1838592295 – 49.720177743775
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – – –