Moreover a ‘Double top chart pattern’ chart layout is discovered. The chart picture forms ‘Double top chart pattern’. which is a negative chart scenario. The pair is likely to go down.
The pair Floki/Tether (FLOKI/USDT) moves from the bearish trendline down.
A continuation of the downward movement down to the next support at 0.000099380 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000103150 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. this 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000111380 |
| 2nd High | 0.000110970 |
| Next High | 0.000103150 |
| Current Price | 0.000099580 |
| Next Low | 0.000099380 |
| 2nd Low | 0.000094670 |
| 3rd Low | 0.000093650 |
0.000103150 – 0.000102990 – 0.000099150 – 0.000099380 – 0.000094670 – 0.000095990 — 42.647732316516 – 35.876846430935
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double top chart pattern – –