The currency pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline downwards
A bearish movement down to the next support at 0.000099380 will continue.
Caution: A possible change in the direction of resistance at 0.000103150 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
Then a ‘Tweezers Top’ candlestick chart pattern is existing. The chart shows ‘Tweezers Top’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000111380 |
| 2nd High | 0.000110970 |
| Next High | 0.000103150 |
| Current Price | 0.000102900 |
| Next Low | 0.000099380 |
| 2nd Low | 0.000094670 |
| 3rd Low | 0.000093650 |
0.000103150 – 0.000102990 – 0.000099150 – 0.000099380 – 0.000094670 – 0.000095990 — 63.842301917595 – 61.131981333141
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Tweezers Top – – –