FLOKI/USDT – 30M – BUYThe currency pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline downwards
A descent downwards to the next support line at 0.000163560 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000168140 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Advance Block’ candle chart pattern is found. The chart shows ‘Advance Block’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Advance Block’ heading down is 64% (Bull Market) & 61% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000168520 |
| 2nd High | 0.000168500 |
| Next High | 0.000168140 |
| Current Price | 0.000166770 |
| Next Low | 0.000163560 |
| 2nd Low | 0.000160140 |
| 3rd Low | 0.000158290 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Advance Block