FLOKI/USDT – 30M – SELLThe combination Floki/Tether (FLOKI/USDT) goes from the ascending trendline downwards
A bearish trend down to the next support at 0.000232940 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.000249580 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.00023075 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.000249580 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Evening Star’ candlestick pattern is found. The chart forms ‘Evening Star’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Evening Star’ heading down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000284080 |
| 2nd High | 0.000254250 |
| Next High | 0.000249580 |
| Current Price | 0.000236320 |
| Next Low | 0.000232940 |
| 2nd Low | 0.000207250 |
| 3rd Low | 0.000206840 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Evening Star