The combination Floki/Tether (FLOKI/USDT) goes from the descending trendline downwards
A continuation of the downtrend down to the next support at 0.000106020 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.000119680 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000124070 |
| 2nd High | 0.000123200 |
| Next High | 0.000119680 |
| Current Price | 0.000116570 |
| Next Low | 0.000106020 |
| 2nd Low | 0.000105850 |
| 3rd Low | 0.000101230 |
0.000119680 – 0.000123200 – 0.000124070 – 0.000106020 – 0.000114330 – 0.000105850 — 53.811982297648 – 49.43022069554
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple bottom chart pattern – –