FLOKI/USDT – 1H – SELLThe combination Floki/Tether (FLOKI/USDT) goes from the ascending trendline downwards
A bearish trend down to the next support line at 0.000095610 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000108570 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Two Crows’ chart pattern is found. The candles form ‘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 probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000123150 |
| 2nd High | 0.000111380 |
| Next High | 0.000108570 |
| Current Price | 0.000104330 |
| Next Low | 0.000095610 |
| 2nd Low | 0.000095380 |
| 3rd Low | 0.000094340 |
0.000102760 – 0.000098820 – 0.000100040 – 0.000095610 – 0.000095380 – 0.000094340 — 73.004221457938 – 70.307178489311
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – Triple bottom chart pattern – –