FLOKI/USDT – 30M – SELLThe pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline downwards
A bearish trend downwards to the next support line at 0.000073610 will persist.
Caution: A possible change in the direction of the resistance line at 0.000079750 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Southern Doji’ chart pattern is discovered. The candles form ‘Southern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000088600 |
| 2nd High | 0.000082010 |
| Next High | 0.000079750 |
| Current Price | 0.000075860 |
| Next Low | 0.000073610 |
| 2nd Low | 0.000069800 |
| 3rd Low | 0.000068970 |
0.000079750 – 0.000075650 – 0.000074860 – 0.000073610 – 0.000069800 – 0.000068970
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Southern Doji –