The currency pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline downwards
A bearish descent downwards to the next support line at 0.000081700 will persist.
Caution: A possible change in the direction of the resistance zone at 0.000085460 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
Moreover a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency 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 | 0.000087820 |
2nd High | 0.000086370 |
Next High | 0.000085460 |
Current Price | 0.000084330 |
Next Low | 0.000081700 |
2nd Low | 0.000081150 |
3rd Low | 0.000074560 |
0.000085460 – 0.000084410 – 0.000086370 – 0.000081700 – 0.000081770 – 0.000082810
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji