The currency pair Floki/Tether (FLOKI/USDT) moves from the bullish trendline downwards
A descent downwards to the next support line at 0.000093650 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.000102600 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Two Crows’ candlestick chart pattern is discovered. The candles form ‘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 probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000110970 |
| 2nd High | 0.000102650 |
| Next High | 0.000102600 |
| Current Price | 0.000097730 |
| Next Low | 0.000093650 |
| 2nd Low | 0.000093070 |
| 3rd Low | 0.000090170 |
0.000096620 – 0.000095880 – 0.000102600 – 0.000093650 – 0.000093710 – 0.000093070 — 67.380474169278 – 63.581295518533
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – – –