Buy FLOKI/USDT – 1H – BUY

The combination Floki/Tether (FLOKI/USDT) moves from the ascending trendline downwards

A bearish descent downwards to the next support line at 0.000160140 will continue.

Caution: A possible change in the direction of resistance at 0.000168500 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Shooting Star’ candlestick pattern is found. The candles show ‘Shooting Star’. 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 chance of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000206880
2nd High 0.000168520
Next High 0.000168500
Current Price 0.000164440
Next Low 0.000160140
2nd Low 0.000158290
3rd Low

Download FLOKI/USDT Signal Image

Trading Signals:

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