FLOKI/USDT – 1H – SELLBesides a ‘Triple top chart pattern’ chart formation is existing. The chart picture shows ‘Triple top chart pattern’. this is a bearish chart scenario. The pair is likely to go down.
The combination Floki/Tether (FLOKI/USDT) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 0.000092560 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000124710 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Two Crows’ candlestick chart pattern is found. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000157770 |
| 2nd High | 0.000134430 |
| Next High | 0.000124710 |
| Current Price | 0.000114160 |
| Next Low | 0.000092560 |
| 2nd Low | 0.000091410 |
| 3rd Low | 0.000080050 |
0.000124710 – 0.000134430 – 0.000132200 – 0.000128610 – 0.000127880 – 0.000119830 — 35.81415655218 – 35.634216692507
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – Triple top chart pattern –