FLOKI/USDT – 1H – SELL

The pair Floki/Tether (FLOKI/USDT) jumps from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support at 0.000095380 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.000098820 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000098820 – 0.000100040 – 0.000092770 – 0.000095380 – 0.000094340 – 0.000090170 — 54.803165016367 – 46.368738868509

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –