FLOKI/USDT – 1H – SELLThe combination Floki/Tether (FLOKI/USDT) goes from the ascending trendline downwards
The bearish trend downwards to the next support line at 0.000192680 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.000203280 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Shooting Star’ candle chart pattern is discovered. The candles show ‘Shooting Star’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000232820 |
| 2nd High | 0.000204500 |
| Next High | 0.000203280 |
| Current Price | 0.000195840 |
| Next Low | 0.000192680 |
| 2nd Low | 0.000180280 |
| 3rd Low | 0.000169320 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Shooting Star