FLOKI/USDT – 30M – SELLThe combination Floki/Tether (FLOKI/USDT) moves from the ascending trendline down.
A bearish movement down to the next support at 0.000098330 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.000108620 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Matching Low’ candlestick pattern is discovered. The chart forms ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000111380 |
| 2nd High | 0.000110420 |
| Next High | 0.000108620 |
| Current Price | 0.000106140 |
| Next Low | 0.000098330 |
| 2nd Low | 0.000095610 |
| 3rd Low | 0.000095380 |
0.000108620 – 0.000105430 – 0.000102760 – 0.000098330 – 0.000095610 – 0.000095380 — 44.209964809727 – 43.417060130763
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Matching Low – – –