Sell FLOKI/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support at 0.000106020 is certain.

Caution: A possible counter-trend in the direction of resistance at 0.000119680 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. 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 0.000124070
2nd High 0.000123200
Next High 0.000119680
Current Price 0.000116570
Next Low 0.000106020
2nd Low 0.000105850
3rd Low 0.000101230

0.000119680 – 0.000123200 – 0.000124070 – 0.000106020 – 0.000114330 – 0.000105850 — 53.811982297648 – 49.43022069554

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