FLOKI/USDT – 1H – SELLThe currency pair Floki/Tether (FLOKI/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 0.000129710 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.000144250 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000148160 |
| 2nd High | 0.000144630 |
| Next High | 0.000144250 |
| Current Price | 0.000137450 |
| Next Low | 0.000129710 |
| 2nd Low | 0.000128310 |
| 3rd Low | 0.000124720 |
0.000144250 – 0.000144630 – 0.000148160 – 0.000129710 – 0.000128310 – 0.000124720
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji –