The pair Floki/Tether (FLOKI/USDT) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 0.000104490 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000110240 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘RSI cross above 30’ indicator signal is discovered. The indicator is ‘RSI cross above 30’. which is often a bullish chart scenario. The currency pair is likely to rise.
There is also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
There is also a ‘Matching Low’ candlestick chart pattern is detected. The chart forms ‘Matching Low’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000122000 |
| 2nd High | 0.000120010 |
| Next High | 0.000110240 |
| Current Price | 0.000105540 |
| Next Low | 0.000104490 |
| 2nd Low | 0.000093290 |
| 3rd Low | 0.000092560 |
0.000110240 – 0.000120010 – 0.000122000 – 0.000104490 – 0.000105240 – 0.000106770 — 46.705462520903 – 46.530437773107
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Matching Low – Triple top chart pattern –