The combination Floki/Tether (FLOKI/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 0.000070380 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.000076530 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000098390 |
2nd High | 0.000082010 |
Next High | 0.000076530 |
Current Price | 0.000071970 |
Next Low | 0.000070380 |
2nd Low | 0.000055790 |
3rd Low | 0.000050880 |
0.000076530 – 0.000082010 – 0.000079190 – 0.000072940 – 0.000070380 – 0.000071600
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji