FLOKI/USDT – 30M – BUYThe currency pair Floki/Tether (FLOKI/USDT) moves from the bullish trendline downwards
The bearish trend down to the next support level at 0.000192750 will persist.
Caution: A possible change in the direction of the resistance level at 0.000203280 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.00019239 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.000203280 is also possible.
Consider stop-loss settings accordingly.
Next a ‘Shooting Star’ candlestick chart pattern is existing. The chart shows ‘Shooting Star’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000232820 |
| 2nd High | 0.000204500 |
| Next High | 0.000203280 |
| Current Price | 0.000198250 |
| Next Low | 0.000192750 |
| 2nd Low | 0.000180280 |
| 3rd Low | 0.000173480 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Shooting Star