FLOKI/USDT – 1H – SELL

The combination Floki/Tether (FLOKI/USDT) moves from the ascending trendline down.

A bearish trend down to the next support line at 0.000094780 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.000108570 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Next a ‘Southern Doji’ candlestick chart pattern is found. The chart forms ‘Southern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.000108570 – 0.000111380 – 0.000100960 – 0.000101300 – 0.000105170 – 0.000094780 — 21.929518550891 – 21.737427094016

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Southern Doji – Triple top chart pattern – –