The combination Floki/Tether (FLOKI/USDT) moves from the ascending trendline down.
A bearish movement downwards to the next support level at 0.000091410 will persist.
Caution: A possible change in the direction of the resistance zone at 0.000102890 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.
Then a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
Then a ‘Two Crows’ candle chart pattern is detected. The candles show ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000107750 |
| 2nd High | 0.000104710 |
| Next High | 0.000102890 |
| Current Price | 0.000094570 |
| Next Low | 0.000091410 |
| 2nd Low | 0.000080050 |
| 3rd Low | 0.000072580 |
0.000102890 – 0.000097750 – 0.000104710 – 0.000095150 – 0.000095030 – 0.000091410
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Two Crows – Triple bottom chart pattern