FLOKI/USDT – 1H – SELL

The combination Floki/Tether (FLOKI/USDT) goes from the descending trendline down.

A continuation of the downward movement down to the next support level at 0.000101230 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000113320 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘StochRSI fall below 80’ indicator signal is existing. The indicator is ‘StochRSI fall below 80’. which is often a bearish chart scenario. The pair is likely to go down.

There is also a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. which is a positive signal. 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).

0.000113320 – 0.000110240 – 0.000122000 – 0.000101230 – 0.000098460 – 0.000101170 — 57.101671600769 – 56.702039363729

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple bottom chart pattern – –