FLOKI/USDT – 30M – SELLThe combination Floki/Tether (FLOKI/USDT) moves from the ascending trendline down.
The bearish trend down to the next support at 0.000173540 is expected.
Caution: A possible change in the direction of the resistance line at 0.000184870 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Bearish Belt Hold’ candle chart pattern is existing. The candles form ‘Bearish Belt Hold’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000241900 |
| 2nd High | 0.000232820 |
| Next High | 0.000184870 |
| Current Price | 0.000174800 |
| Next Low | 0.000173540 |
| 2nd Low | 0.000172680 |
| 3rd Low | 0.000171390 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Belt Hold