FLOKI/USDT – 30M – SELLAnd also a ‘Double bottom retreat down’ chart formation is detected. The formation shows ‘Double bottom retreat down’. which is a negative chart scenario. The currency pair is likely to fall.
The combination Floki/Tether (FLOKI/USDT) jumps from the ascending trendline downwards
A bearish movement downwards to the next support at 0.000089210 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.000091740 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000093800 |
| 2nd High | 0.000092770 |
| Next High | 0.000091740 |
| Current Price | 0.000089820 |
| Next Low | 0.000089210 |
| 2nd Low | 0.000088850 |
| 3rd Low | 0.000087500 |
0.000091740 – 0.000092770 – 0.000089940 – 0.000089210 – 0.000088850 – 0.000087500 — 50.569897588602 – 47.405951060171
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom retreat down – –