The pair Floki/Tether (FLOKI/USDT) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support at is likely expected.
Caution: A possible trend reversal in the direction of resistance at 5.0E-5 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.0E-5 |
| 2nd High | 6.0E-5 |
| Next High | 5.0E-5 |
| Current Price | 0.000048520 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
5.0E-5 – 5.0E-5 – 5.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 — 59.663379447856 – 58.359889956229 — 85.105701691636 – 88.299618138587 – 62.401537299882 – 79.834802232853
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – – Double bottom chart pattern – –