FLOKI/USDT – 30M – SELLThe pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline down.
A descent down to the next support level at 0.000083550 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.000086370 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
In addition a ‘Two Crows’ candlestick pattern is found. The chart forms ‘Two Crows’. 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 chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000089920 |
| 2nd High | 0.000087820 |
| Next High | 0.000086370 |
| Current Price | 0.000083840 |
| Next Low | 0.000083550 |
| 2nd Low | 0.000081150 |
| 3rd Low | 0.000074560 |
0.000086370 – 0.000087820 – 0.000084040 – 0.000083550 – 0.000081150 – 0.000074560
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Two Crows