FLOKI/USDT – 30M – SELLThe currency pair Floki/Tether (FLOKI/USDT) jumps from the bearish trendline down.
A continuation of the downward movement down to the next support line at 0.000105510 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000110720 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Two Crows’ chart pattern is discovered. The candles form ‘Two Crows’. this 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 chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000123200 |
| 2nd High | 0.000123150 |
| Next High | 0.000110720 |
| Current Price | 0.000101160 |
| Next Low | 0.000105510 |
| 2nd Low | 0.000104270 |
| 3rd Low | 0.000104230 |
0.000110720 – 0.000108260 – 0.000107730 – 0.000105510 – 0.000106660 – 0.000104270 — 47.65494059391 – 40.851674269393
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – Double top chart pattern – –