Also there is a ‘Double bottom retreat down’ chart pattern is detected. The chart picture forms ‘Double bottom retreat down’. this is a bearish pattern signal. The currency pair is likely to fall.
The combination Floki/Tether (FLOKI/USDT) goes from the ascending trendline downwards
The bearish trend down to the next support line at 0.000115630 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000122000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘RSI fall below 70’ indicator layout is found. The indicator shows ‘RSI fall below 70’. this is usually a bearish signal. The pair is likely to go down.
Also there is a ‘StochRSI cross above 20’ indicator layout is found. The indicator shows ‘StochRSI cross above 20’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000132900 |
| 2nd High | 0.000124710 |
| Next High | 0.000122000 |
| Current Price | 0.000119290 |
| Next Low | 0.000115630 |
| 2nd Low | 0.000105850 |
| 3rd Low | 0.000102810 |
0.000119580 – 0.000117570 – 0.000108490 – 0.000115630 – 0.000105850 – 0.000102810 — 49.366483445579 – 45.376380637788
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – – Double bottom retreat down – –