Sell FLOKI/USDT – 1H – SELL

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

A descent down to the next support line at 0.000102630 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.000123150 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

There is also a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 0.000123150
Current Price 0.000105430
Next Low 0.000102630
2nd Low 0.000101230
3rd Low 0.000098460

0.000123150 – 0.000119680 – 0.000123200 – 0.000102630 – 0.000106020 – 0.000114330 — 38.174784528278 – 36.862400254379

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