Besides a ‘Double bottom retreat down’ chart formation is found. The chart picture forms ‘Double bottom retreat down’. this is a bearish pattern signal. The pair is likely to go down.
The pair Floki/Tether (FLOKI/USDT) goes from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 0.000121940 is certain.
Caution: A possible change in the direction of the resistance zone at 0.000130920 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Besides a ‘Two Crows’ candle pattern is detected. The candles show ‘Two Crows’. this is a bearish signal. The currency 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 | 0.000135250 |
| 2nd High | 0.000134120 |
| Next High | 0.000130920 |
| Current Price | 0.000129860 |
| Next Low | 0.000121940 |
| 2nd Low | 0.000119830 |
| 3rd Low | 0.000119110 |
0.000130920 – 0.000134120 – 0.000135250 – 0.000121940 – 0.000119830 – 0.000119110 — 65.172837249969 – 60.701513039443
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – Double bottom retreat down –