FLOKI/USDT – 1H – SELLThe combination Floki/Tether (FLOKI/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support line at 0.000089000 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 0.000092770 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.
In addition a ‘Shooting Star’ candle pattern is existing. The chart forms ‘Shooting Star’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000094530 |
| 2nd High | 0.000093800 |
| Next High | 0.000092770 |
| Current Price | 0.000091820 |
| Next Low | 0.000089000 |
| 2nd Low | 0.000088850 |
| 3rd Low | 0.000087500 |
0.000092770 – 0.000093800 – 0.000092480 – 0.000089000 – 0.000088850 – 0.000087500 — 57.864148370319 – 57.486236690544
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Shooting Star – – –