FLOKI/USDT – 30M – SELLMoreover a ‘Triple top chart pattern’ chart formation is discovered. The formation shows ‘Triple top chart pattern’. which is a negative signal. The currency pair is likely to go down.
The pair Floki/Tether (FLOKI/USDT) moves from the bullish trendline downwards
A descent downwards to the next support level at 2.0E-5 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 5.0E-5 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Tweezers Top’ candle chart pattern is existing. The candles show ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.0E-5 |
| 2nd High | 6.0E-5 |
| Next High | 5.0E-5 |
| Current Price | 0.000049750 |
| Next Low | 2.0E-5 |
| 2nd Low | |
| 3rd Low |
5.0E-5 – 5.0E-5 – 6.0E-5 – 5.0E-5 – 5.0E-5 – 5.0E-5 — 43.38340558435 – 42.900406751593 — 84.614548127503 – 96.517991779888 – 60.779500201025 – 80.147951733862
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Tweezers Top – Triple top chart pattern – –