Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.00022478 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.000242310 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Evening Star’ chart pattern is detected. The candles form ‘Evening Star’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Evening Star’ going down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000252940 |
2nd High | 0.000244770 |
Next High | 0.000242310 |
Current Price | 0.000225380 |
Next Low | 0.000219490 |
2nd Low | 0.000207250 |
3rd Low | 0.000206840 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Evening Star