The combination Floki/Tether (FLOKI/USDT) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support at 0.000104270 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.000107730 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency 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 | 0.000108980 |
| 2nd High | 0.000107860 |
| Next High | 0.000107730 |
| Current Price | 0.000106990 |
| Next Low | 0.000104270 |
| 2nd Low | 0.000104230 |
| 3rd Low | 0.000100390 |
0.000107730 – 0.000107720 – 0.000106240 – 0.000104270 – 0.000104230 – 0.000100390 — 53.350670818478 – 48.218451604089
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – – –