FLOKI/USDT – 30M – SELLThe pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline down.
A descent downwards to the next support at 0.000090170 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.000096180 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Two Crows’ candle pattern is detected. The candles show ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000099420 |
| 2nd High | 0.000096290 |
| Next High | 0.000096180 |
| Current Price | 0.000094010 |
| Next Low | 0.000090170 |
| 2nd Low | 0.000089000 |
| 3rd Low | 0.000088850 |
0.000094130 – 0.000092130 – 0.000091710 – 0.000090170 – 0.000090520 – 0.000089000 — 65.898017342855 – 57.123825137264
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – Triple bottom chart pattern – –