The pair Floki/Tether (FLOKI/USDT) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support at will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.000107000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.
Also there is a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator is ‘StochRSI fall below 80’. which is often a bearish signal. The pair is likely to go down.
Also there is a ‘Tweezers Top’ chart pattern is found. The chart shows ‘Tweezers Top’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000113320 |
| 2nd High | 0.000109790 |
| Next High | 0.000107000 |
| Current Price | 0.000103900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000107000 – 0.000109790 – 0.000113320 – 0.000101230 – 0.000101310 – 0.000105310 — 52.047413629449 – 48.202472493968
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Tweezers Top – – –