FLOKI/USDT – 30M – SELLThe currency pair Floki/Tether (FLOKI/USDT) jumps from the descending trendline down.
A continuation of the downward movement down to the next support at 0.000106020 will continue.
Caution: A possible trend reversal in the direction of resistance at 0.000119680 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Besides a ‘Two Crows’ chart pattern is found. The candles show ‘Two Crows’. this is a bearish signal. The pair is likely to go down. 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 | 0.000124070 |
| 2nd High | 0.000123200 |
| Next High | 0.000119680 |
| Current Price | 0.000117380 |
| Next Low | 0.000106020 |
| 2nd Low | 0.000105850 |
| 3rd Low | 0.000102810 |
0.000119680 – 0.000116950 – 0.000123200 – 0.000106020 – 0.000116790 – 0.000114330 — 51.92889572592 – 49.876734011229
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – Triple bottom chart pattern – –