The combination Floki/Tether (FLOKI/USDT) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support line at is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.000098390 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The pair is likely to go down.
And also a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000117920 |
2nd High | 0.000107750 |
Next High | 0.000098390 |
Current Price | 0.000089110 |
Next Low | |
2nd Low | |
3rd Low |
0.000098390 – 0.000097330 – 0.000094990 – 0.000092020 – 0.000092980 – 0.000087980
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji