The pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline down.
A bearish trend downwards to the next support at 0.000163560 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000168140 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Outside Up’ chart pattern is detected. The chart shows ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000168520 |
2nd High | 0.000168500 |
Next High | 0.000168140 |
Current Price | 0.000167900 |
Next Low | 0.000163560 |
2nd Low | 0.000160140 |
3rd Low | 0.000158290 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Outside Up