FLOKI/USDT – 1H – SELLAdditionally a ‘Triple top chart pattern’ chart layout is discovered. The chart forms ‘Triple top chart pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The pair Floki/Tether (FLOKI/USDT) moves from the bullish trendline down.
A bearish descent downwards to the next support at 0.000092560 will continue.
Caution: A possible change in the direction of the resistance zone at 0.000124710 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Tweezers Top’ candlestick pattern is found. The candles show ‘Tweezers Top’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000157770 |
| 2nd High | 0.000134430 |
| Next High | 0.000124710 |
| Current Price | 0.000115840 |
| Next Low | 0.000092560 |
| 2nd Low | 0.000091410 |
| 3rd Low | 0.000080050 |
0.000124710 – 0.000134430 – 0.000132200 – 0.000128610 – 0.000127880 – 0.000119830 — 37.1463181236 – 35.479444311621
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Tweezers Top – Triple top chart pattern –