The combination Floki/Tether (FLOKI/USDT) moves from the bullish trendline downwards
The bearish trend down to the next support line at 0.000090170 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.000094130 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000096180 |
| 2nd High | 0.000094530 |
| Next High | 0.000094130 |
| Current Price | 0.000094170 |
| Next Low | 0.000090170 |
| 2nd Low | 0.000089000 |
| 3rd Low | 0.000088850 |
0.000094130 – 0.000092130 – 0.000091710 – 0.000090170 – 0.000090520 – 0.000089000 — 60.915125535072 – 57.815588907105
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double top retreat up – –