The currency pair Floki/Tether (FLOKI/USDT) goes from the ascending trendline down.
A bearish trend downwards to the next support at 0.000228630 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.000254250 could occur.
Consider stop-loss settings accordingly.
Then a ‘Evening Star’ candlestick chart pattern is detected. The chart forms ‘Evening Star’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Evening Star’ going down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000290000 |
2nd High | 0.000284080 |
Next High | 0.000254250 |
Current Price | 0.000247750 |
Next Low | 0.000228630 |
2nd Low | 0.000207250 |
3rd Low | 0.000206840 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Evening Star