FLOKI/USDT – 30M – SELLThe currency pair Floki/Tether (FLOKI/USDT) moves from the bullish trendline down.
The bearish trend down to the next support line at 0.000192680 is expected.
Caution: A possible change in the direction of the resistance line at 0.000203280 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.00019239 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 0.000203280 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Two Crows’ candlestick chart pattern is discovered. The chart forms ‘Two Crows’. 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 ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000232820 |
| 2nd High | 0.000204500 |
| Next High | 0.000203280 |
| Current Price | 0.000196440 |
| Next Low | 0.000192680 |
| 2nd Low | 0.000180280 |
| 3rd Low | 0.000173480 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows