The pair Floki/Tether (FLOKI/USDT) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 0.000169000 is certain.
Caution: A possible change in the direction of the resistance level at 0.000204500 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Matching Low’ candle chart pattern is found. The candles show ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000284080 |
2nd High | 0.000259000 |
Next High | 0.000204500 |
Current Price | 0.000197010 |
Next Low | 0.000169000 |
2nd Low | 0.000168520 |
3rd Low | 0.000160410 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Matching Low