The combination Floki/Tether (FLOKI/USDT) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support at 0.000136430 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000144250 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.00013717 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.000144250 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000148160 |
| 2nd High | 0.000144630 |
| Next High | 0.000144250 |
| Current Price | 0.000139580 |
| Next Low | 0.000136430 |
| 2nd Low | 0.000133750 |
| 3rd Low | 0.000133520 |
0.000141390 – 0.000144250 – 0.000141920 – 0.000136430 – 0.000133750 – 0.000133520
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – – Triple bottom chart pattern