Sell FLOKI/USDT – 4H – SELL

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The currency pair Floki/Tether (FLOKI/USDT) moves from the bearish trendline down.

A continuation of the downtrend downwards to the next support level at 4.0E-5 is certain.

Caution: A possible change in the direction of the resistance line at 7.0E-5 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Southern Doji’ candle pattern is discovered. The candles show ‘Southern 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 ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 0.00011
2nd High 8.0E-5
Next High 7.0E-5
Current Price 0.000047700
Next Low 4.0E-5
2nd Low 2.0E-5
3rd Low

7.0E-5 – 7.0E-5 – 7.0E-5 – 4.0E-5 – 5.0E-5 – 5.0E-5 — 50.774464286732 – 50.383647553219 — 86.402296786448 – 76.402447773146 – 91.898021842878 – 86.204000922981

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