Sell FLOKI/USDT – 4H – SELL

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

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