The combination Floki/Tether (FLOKI/USDT) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at 0.000104270 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000107720 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
Additionally a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘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 probability 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 | 0.000107720 |
| Current Price | 0.000107000 |
| Next Low | 0.000104270 |
| 2nd Low | 0.000104230 |
| 3rd Low | 0.000100390 |
0.000107720 – 0.000106240 – 0.000107860 – 0.000104270 – 0.000104230 – 0.000100390 — 61.45923946795 – 56.417477770669
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – – –