The pair Floki/Tether (FLOKI/USDT) goes from the ascending trendline downwards
A bearish trend downwards to the next support line at is certain.
Caution: A possible counter-trend in the direction of resistance at 0.000110970 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.
Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000123150 |
| 2nd High | 0.000111380 |
| Next High | 0.000110970 |
| Current Price | 0.000103990 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000110970 – 0.000102760 – 0.000098820 – 0.000098330 – 0.000095610 – 0.000095380 — 43.222816879125 – 40.444859952346
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple bottom chart pattern – –