The combination Floki/Tether (FLOKI/USDT) moves from the bullish trendline down.
A bearish movement downwards to the next support level at 0.000134090 will persist.
Caution: A possible change in the direction of resistance at 0.000145920 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.
Moreover a ‘Three Outside Down’ candle chart pattern is found. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000148160 |
| Next High | 0.000145920 |
| Current Price | 0.000140410 |
| Next Low | 0.000134090 |
| 2nd Low | 0.000133750 |
| 3rd Low | 0.000133520 |
0.000145920 – 0.000141390 – 0.000144250 – 0.000134090 – 0.000136430 – 0.000133750
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern