FLOKI/USDT – 1H – SELLThe pair Floki/Tether (FLOKI/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 0.000095380 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.000098820 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. this is a bullish pattern 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000108570 |
| 2nd High | 0.000100040 |
| Next High | 0.000098820 |
| Current Price | 0.000097000 |
| Next Low | 0.000095380 |
| 2nd Low | 0.000094340 |
| 3rd Low | 0.000090170 |
0.000098820 – 0.000100040 – 0.000092770 – 0.000095380 – 0.000094340 – 0.000090170 — 54.803165016367 – 46.368738868509
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –