FLOKI/USDT – 1H – SELLThere is also a ‘Triple top chart pattern’ chart layout is discovered. The chart forms ‘Triple top chart pattern’. which is a negative chart scenario. The pair is likely to go down.
The pair Floki/Tether (FLOKI/USDT) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 0.000092560 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.000124710 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Tweezers Top’ candle pattern is found. The candles show ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to fall. 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 | 0.000157770 |
| 2nd High | 0.000134430 |
| Next High | 0.000124710 |
| Current Price | 0.000114220 |
| Next Low | 0.000092560 |
| 2nd Low | 0.000091410 |
| 3rd Low | 0.000080050 |
0.000124710 – 0.000134430 – 0.000132200 – 0.000128610 – 0.000127880 – 0.000119830 — 39.455191951988 – 35.910343682948
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Tweezers Top – Triple top chart pattern –