FLOKI/USDT – 30M – SELLThe combination Floki/Tether (FLOKI/USDT) moves from the descending trendline down.
A continuation of the bearish trend down to the next support at 0.000119110 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.000134120 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Southern Doji’ candlestick pattern is existing. The candles form ‘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 | 0.000157770 |
| 2nd High | 0.000135250 |
| Next High | 0.000134120 |
| Current Price | 0.000124070 |
| Next Low | 0.000119110 |
| 2nd Low | 0.000093290 |
| 3rd Low | 0.000092560 |
0.000134120 – 0.000135250 – 0.000157770 – 0.000119110 – 0.000126240 – 0.000138670 — 34.857869447892 – 34.684093813004
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Southern Doji – Inverse Head and Shoulder chart pattern –