FLOKI/USDT – 30M – SELLThe currency pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline downwards
A bearish trend down to the next support level at 0.000098330 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000108620 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Tweezers Top’ candle chart pattern is existing. The candles show ‘Tweezers Top’. which 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 ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000111380 |
| 2nd High | 0.000110420 |
| Next High | 0.000108620 |
| Current Price | 0.000107680 |
| Next Low | 0.000098330 |
| 2nd Low | 0.000095610 |
| 3rd Low | 0.000095380 |
0.000108620 – 0.000105430 – 0.000102760 – 0.000098330 – 0.000095610 – 0.000095380 — 66.078449452195 – 50.300038505482
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Tweezers Top – Double bottom retreat down – –