The currency pair Floki/Tether (FLOKI/USDT) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support level at 0.000113200 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000124710 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘RSI fall below 30’ indicator signal is detected. The indicator shows ‘RSI fall below 30’. which is often a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000134430 |
| 2nd High | 0.000132900 |
| Next High | 0.000124710 |
| Current Price | 0.000112670 |
| Next Low | 0.000113200 |
| 2nd Low | 0.000093290 |
| 3rd Low | 0.000092560 |
0.000124710 – 0.000132900 – 0.000134430 – 0.000113200 – 0.000117820 – 0.000128610 — 34.411461845263 – 31.653889295965
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – – Symmetrical Triangle Chart Pattern –