The currency pair Floki/Tether (FLOKI/USDT) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 4.0E-5 is certain.
Caution: A possible change in the direction of the resistance line at 7.0E-5 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Southern Doji’ candle pattern is discovered. The candles show ‘Southern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00011 |
| 2nd High | 8.0E-5 |
| Next High | 7.0E-5 |
| Current Price | 0.000047700 |
| Next Low | 4.0E-5 |
| 2nd Low | 2.0E-5 |
| 3rd Low |
7.0E-5 – 7.0E-5 – 7.0E-5 – 4.0E-5 – 5.0E-5 – 5.0E-5 — 50.774464286732 – 50.383647553219 — 86.402296786448 – 76.402447773146 – 91.898021842878 – 86.204000922981
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Southern Doji – Rising Wedge Chart Pattern – –