FLOKI/USDT – 1H – SELLThe currency pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline downwards
The bearish trend downwards to the next support at 0.000102630 will persist.
Caution: A possible change in the direction of the resistance line at 0.000123150 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Matching Low’ candlestick chart pattern is discovered. The candles form ‘Matching Low’. which is a positive pattern 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 | 0.000124070 |
| 2nd High | 0.000123200 |
| Next High | 0.000123150 |
| Current Price | 0.000107540 |
| Next Low | 0.000102630 |
| 2nd Low | 0.000101230 |
| 3rd Low | 0.000098460 |
0.000123150 – 0.000119680 – 0.000123200 – 0.000102630 – 0.000106020 – 0.000114330 — 43.314296750709 – 43.084264415338
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Matching Low – – –