The pair Floki/Tether (FLOKI/USDT) moves from the descending trendline downwards
A continuation of the downward movement down to the next support line at is certain.
Caution: A possible change in the direction of resistance at 0.000110720 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair could go down.
Besides a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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 | 0.000124070 |
| 2nd High | 0.000123150 |
| Next High | 0.000110720 |
| Current Price | 0.000106040 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000110720 – 0.000123150 – 0.000124070 – 0.000097080 – 0.000100390 – 0.000106020 — 58.091003632362 – 54.602001814798
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern – –