And also a ‘Triple bottom chart pattern’ chart pattern is existing. The formation shows ‘Triple bottom chart pattern’. this is a bullish pattern signal. The pair is likely to go up.
The combination Floki/Tether (FLOKI/USDT) jumps from the ascending trendline down.
A descent down to the next support level at 0.000062270 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 7.0E-5 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘%K crosses below %D’ indicator signal is discovered. The indicator shows ‘%K crosses below %D’. which is often a bearish signal. The currency pair is likely to fall.
And also a ‘Last Engulfing Top’ candle chart pattern is detected. The candles show ‘Last Engulfing Top’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.0E-5 |
| 2nd High | 8.0E-5 |
| Next High | 7.0E-5 |
| Current Price | 0.000063770 |
| Next Low | 0.000062270 |
| 2nd Low | 6.0E-5 |
| 3rd Low |
6.0E-5 – 6.0E-5 – 6.0E-5 – 0.000062270 – 6.0E-5 – 6.0E-5 — 58.021703976249 – 50.15145246589 — 96.485178169573 – 87.492309876485 – 79.940205395546 – 88.604149487271
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Last Engulfing Top – Triple bottom chart pattern – –