FLOKI/USDT – 4H – SELLIn addition a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 2.0E-5 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support line at 3.0E-5 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Two Crows’ candlestick pattern is detected. The chart shows ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 6.0E-5 |
| 2nd High | 4.0E-5 |
| Next High | 3.0E-5 |
| Current Price | 0.000022040 |
| Next Low | 2.0E-5 |
| 2nd Low | |
| 3rd Low |
2.0E-5 – 3.0E-5 – 3.0E-5 – 2.0E-5 – 2.0E-5 – 2.0E-5 —
0.000021750 – 0.000022650 —
40.589375245736 – 54.18396884584 —
– —
2.0E-5 – 1782748800
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –