The pair Floki/Tether (FLOKI/USDT) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 0.000118600 will continue.
Caution: A possible change in the direction of the resistance line at 0.000123350 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘RSI fall below 70’ indicator signal is detected. The indicator is ‘RSI fall below 70’. which is often a bearish signal. The currency pair could go down.
Additionally a ‘StochRSI fall below 80’ indicator signal is detected. The indicator is ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair could go down.
Additionally a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will continue. Current target is 0.0001186248 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.000123350 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000124710 |
| 2nd High | 0.000123510 |
| Next High | 0.000123350 |
| Current Price | 0.000120590 |
| Next Low | 0.000118600 |
| 2nd Low | 0.000115630 |
| 3rd Low | 0.000105850 |
0.000123350 – 0.000123510 – 0.000119580 – 0.000118600 – 0.000115630 – 0.000105850 — 55.34049475548 – 46.451339479187
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – – Double bottom retreat down – –