The pair Floki/Tether (FLOKI/USDT) moves from the bearish trendline down.
A continuation of the downward movement down to the next support level at 0.000099810 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.000104970 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Inside Down’ chart pattern is existing. The chart shows ‘Three Inside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000123150 |
| 2nd High | 0.000110720 |
| Next High | 0.000104970 |
| Current Price | 0.000099870 |
| Next Low | 0.000099810 |
| 2nd Low | 0.000098460 |
| 3rd Low | 0.000093290 |
0.000104970 – 0.000110720 – 0.000108260 – 0.000099810 – 0.000100160 – 0.000105510 — 40.530225489818 – 38.893380852186
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Inside Down – – –