The combination Floki/Tether (FLOKI/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support level at 0.000160410 is considered certain.
Caution: A possible change in the direction of resistance at 0.000173710 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Evening Star’ candlestick chart pattern is detected. The chart shows ‘Evening Star’. 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 chance of ‘Evening Star’ heading down is 72% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000241900 |
2nd High | 0.000232820 |
Next High | 0.000173710 |
Current Price | 0.000168700 |
Next Low | 0.000160410 |
2nd Low | 0.000138620 |
3rd Low | 0.000135340 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Evening Star