FLOKI/USDT – 30M – SELLThe pair Floki/Tether (FLOKI/USDT) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.000121940 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000134050 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Tweezers Top’ candlestick chart pattern is discovered. The chart shows ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000135250 |
| 2nd High | 0.000134120 |
| Next High | 0.000134050 |
| Current Price | 0.000131020 |
| Next Low | 0.000121940 |
| 2nd Low | 0.000119830 |
| 3rd Low | 0.000119110 |
0.000134050 – 0.000130920 – 0.000134120 – 0.000121940 – 0.000119830 – 0.000119110 — 55.44825493496 – 50.91491560206
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Tweezers Top – Double bottom retreat down –