The currency pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline down.
A bearish movement downwards to the next support line at 0.000098330 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.000108570 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000111380 |
| 2nd High | 0.000110420 |
| Next High | 0.000108570 |
| Current Price | 0.000106680 |
| Next Low | 0.000098330 |
| 2nd Low | 0.000095610 |
| 3rd Low | 0.000095380 |
0.000105430 – 0.000102760 – 0.000098560 – 0.000098330 – 0.000095610 – 0.000095380 — 62.797778090286 – 60.605649795431
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple bottom chart pattern – –