FLOKI/USDT – 4H – SELL

The pair Floki/Tether (FLOKI/USDT) jumps from the descending trendline down.

A continuation of the bearish trend downwards to the next support at 0.000101230 is certain.

Caution: A possible change in the direction of resistance at 0.000124070 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Furthermore a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000124070 – 0.000113320 – 0.000122000 – 0.000101230 – 0.000098460 – 0.000119110 — 53.255140788652 – 51.292238025181

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