FLOKI/USDT – 30M – SELLThe currency pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline down.
A bearish descent down to the next support level at 0.000079530 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.000081650 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish chart scenario. 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000098390 |
| 2nd High | 0.000088600 |
| Next High | 0.000081650 |
| Current Price | 0.000081310 |
| Next Low | 0.000079530 |
| 2nd Low | 0.000076260 |
| 3rd Low | 0.000076190 |
0.000081650 – 0.000079190 – 0.000078830 – 0.000079530 – 0.000076260 – 0.000076610
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji