FLOKI/USDT – 30M – SELLThe combination Floki/Tether (FLOKI/USDT) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 0.000104270 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000107730 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Matching Low’ candlestick pattern is existing. The candles show ‘Matching Low’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000108980 |
| 2nd High | 0.000107860 |
| Next High | 0.000107730 |
| Current Price | 0.000107030 |
| Next Low | 0.000104270 |
| 2nd Low | 0.000104230 |
| 3rd Low | 0.000100390 |
0.000107730 – 0.000107720 – 0.000106240 – 0.000104270 – 0.000104230 – 0.000100390 — 48.413450538966 – 47.992712891313
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –