FLOKI/USDT – 30M – SELLThe pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline down.
The bearish trend downwards to the next support line at 0.000098330 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000108620 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Two Crows’ candle chart pattern is discovered. The chart shows ‘Two Crows’. 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 success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000111380 |
| 2nd High | 0.000110420 |
| Next High | 0.000108620 |
| Current Price | 0.000106700 |
| Next Low | 0.000098330 |
| 2nd Low | 0.000095610 |
| 3rd Low | 0.000095380 |
0.000108620 – 0.000105430 – 0.000102760 – 0.000098330 – 0.000095610 – 0.000095380 — 60.363766585255 – 58.08053073455
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – – –