FLOKI/USDT – 4H – SELLThe currency pair Floki/Tether (FLOKI/USDT) goes from the bearish trendline down.
A continuation of the downtrend down to the next support line at 2.0E-5 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 3.0E-5 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Two Crows’ candlestick chart pattern is detected. The candles show ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 6.0E-5 |
| 2nd High | 4.0E-5 |
| Next High | 3.0E-5 |
| Current Price | 0.000026200 |
| Next Low | 2.0E-5 |
| 2nd Low | |
| 3rd Low |
3.0E-5 – 3.0E-5 – 3.0E-5 – 2.0E-5 – 2.0E-5 – 3.0E-5 —
0.000025180 – 0.000027800 —
50.753857131768 – 73.192626901624 —
– —
3.0E-5 – 1781265600
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –