FLOKI/USDT – 30M – SELLThe currency pair Floki/Tether (FLOKI/USDT) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support at will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000047060 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.
Additionally a ‘Two Crows’ candlestick pattern is found. The candles form ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. 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 | |
| 2nd High | 5.0E-5 |
| Next High | 0.000047060 |
| Current Price | 0.000045340 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000047060 – 5.0E-5 – 5.0E-5 – 4.0E-5 – 5.0E-5 – 5.0E-5 — 41.2344789684 – 40.599605637001 — 17.174995802787 – 10.571380603279 – 29.032269975644 – 19.739597310913
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – Double top chart pattern – –