Sell FLOKI/USDT – 1H – SELL

The pair Floki/Tether (FLOKI/USDT) goes from the ascending trendline downwards

A bearish trend downwards to the next support line at is certain.

Caution: A possible counter-trend in the direction of resistance at 0.000110970 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.

Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000123150
2nd High 0.000111380
Next High 0.000110970
Current Price 0.000103990
Next Low
2nd Low
3rd Low

0.000110970 – 0.000102760 – 0.000098820 – 0.000098330 – 0.000095610 – 0.000095380 — 43.222816879125 – 40.444859952346

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