The pair Floki/Tether (FLOKI/USDT) moves from the descending trendline downwards
A continuation of the downward movement down to the next support level at 0.000104270 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.000110720 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.
Furthermore a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000123200 |
| 2nd High | 0.000123150 |
| Next High | 0.000110720 |
| Current Price | 0.000104460 |
| Next Low | 0.000104270 |
| 2nd Low | 0.000104230 |
| 3rd Low | 0.000100390 |
0.000110720 – 0.000108260 – 0.000107730 – 0.000105510 – 0.000106660 – 0.000104270 — 34.724250818848 – 33.257685371994
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –