The currency pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline downwards
A bearish descent down to the next support line at 0.000106290 is expected.
Caution: A possible change in the direction of the resistance level at 0.000112260 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000122000 |
| 2nd High | 0.000120010 |
| Next High | 0.000112260 |
| Current Price | 0.000110220 |
| Next Low | 0.000106290 |
| 2nd Low | 0.000098460 |
| 3rd Low | 0.000093290 |
0.000112260 – 0.000110080 – 0.000108620 – 0.000106290 – 0.000098460 – 0.000102660 — 56.695271235321 – 54.315932718582
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple top chart pattern – –