Sell FLOKI/USDT – 1H – SELL

The combination Floki/Tether (FLOKI/USDT) jumps from the ascending trendline downwards

A bearish movement down to the next support line at 0.000180280 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.000204500 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Tweezers Top’ candlestick pattern is detected. The candles show ‘Tweezers Top’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000241900
2nd High 0.000232820
Next High 0.000204500
Current Price 0.000198350
Next Low 0.000180280
2nd Low 0.000169320
3rd Low 0.000169000

Download FLOKI/USDT Signal Image

Trading Signals:

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