The currency pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline down.
A descent downwards to the next support line at 0.000168520 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000184870 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Matching Low’ candle chart pattern is existing. The chart forms ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000241900 |
2nd High | 0.000232820 |
Next High | 0.000184870 |
Current Price | 0.000173030 |
Next Low | 0.000168520 |
2nd Low | 0.000165220 |
3rd Low | 0.000163020 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Matching Low