The combination Floki/Tether (FLOKI/USDT) moves from the ascending trendline downwards
A bearish descent downwards to the next support line at 0.000160140 will continue.
Caution: A possible change in the direction of resistance at 0.000168500 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Shooting Star’ candlestick pattern is found. The candles show ‘Shooting Star’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000206880 |
2nd High | 0.000168520 |
Next High | 0.000168500 |
Current Price | 0.000164440 |
Next Low | 0.000160140 |
2nd Low | 0.000158290 |
3rd Low |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Shooting Star