FLOKI/USDT – 30M – SELLThe currency pair Floki/Tether (FLOKI/USDT) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 0.000117820 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.000124710 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000134430 |
| 2nd High | 0.000132900 |
| Next High | 0.000124710 |
| Current Price | 0.000120030 |
| Next Low | 0.000117820 |
| 2nd Low | 0.000093290 |
| 3rd Low | 0.000092560 |
0.000124710 – 0.000132900 – 0.000134430 – 0.000117820 – 0.000128610 – 0.000129050 — 50.150575944757 – 42.516796729001
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – –