FLOKI/USDT – 4H – SELLThe pair Floki/Tether (FLOKI/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.000087500 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.000100040 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Southern Doji’ chart pattern is existing. The candles form ‘Southern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000123150 |
| 2nd High | 0.000111380 |
| Next High | 0.000100040 |
| Current Price | 0.000096980 |
| Next Low | 0.000087500 |
| 2nd Low | 0.000086130 |
| 3rd Low | 0.000072580 |
0.000100040 – 0.000093800 – 0.000096180 – 0.000087500 – 0.000086130 – 0.000090550 — 55.253465294165 – 55.170962893461
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Southern Doji – Triple bottom chart pattern – –