FLOKI/USDT – 30M – SELLThe combination Floki/Tether (FLOKI/USDT) goes from the bullish trendline down.
The bearish trend downwards to the next support level at 0.000092980 is expected.
Caution: A possible change in the direction of the resistance zone at 0.000097330 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.
Next a ‘Matching Low’ candlestick chart pattern is found. The chart shows ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000117920 |
| 2nd High | 0.000107750 |
| Next High | 0.000097330 |
| Current Price | 0.000093930 |
| Next Low | 0.000092980 |
| 2nd Low | 0.000087980 |
| 3rd Low | 0.000081700 |
0.000097330 – 0.000094990 – 0.000092520 – 0.000092980 – 0.000087980 – 0.000081700
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Matching Low