FLOKI/USDT – 1H – SELL

The pair Floki/Tether (FLOKI/USDT) moves from the descending trendline downwards

A continuation of the bearish trend downwards to the next support at 0.000070380 is likely expected.

Caution: A possible change in the direction of the resistance level at 0.000082010 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

And also a ‘Southern Doji’ candle chart pattern is discovered. The candles show ‘Southern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.000082010 – 0.000079190 – 0.000080550 – 0.000070380 – 0.000071600 – 0.000075310

Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Southern Doji