FLOKI/USDT – 30M – SELLThe pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline down.
A descending movement down to the next support line at 0.000169000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000179810 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Tweezers Top’ candle pattern is detected. The chart forms ‘Tweezers Top’. which is a negative 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’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000232820 |
| 2nd High | 0.000184870 |
| Next High | 0.000179810 |
| Current Price | 0.000170350 |
| Next Low | 0.000169000 |
| 2nd Low | 0.000168520 |
| 3rd Low | 0.000165220 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Tweezers Top