FLOKI/USDT – 30M – SELLThe pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline downwards
A bearish descent down to the next support level at 0.000170290 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 0.000184870 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Bearish Belt Hold’ candle pattern is discovered. The chart shows ‘Bearish Belt Hold’. 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 probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000241900 |
| 2nd High | 0.000232820 |
| Next High | 0.000184870 |
| Current Price | 0.000172430 |
| Next Low | 0.000170290 |
| 2nd Low | 0.000168520 |
| 3rd Low | 0.000165220 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Belt Hold