The currency pair Floki/Tether (FLOKI/USDT) moves from the descending trendline down.
A continuation of the downtrend down to the next support level at 0.000235450 is considered certain.
Caution: A possible change in the direction of resistance at 0.000246050 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.00023075 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.000246050 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart shows ‘Three Black Crows’. 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 likelyhood of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000249580 |
2nd High | 0.000247770 |
Next High | 0.000246050 |
Current Price | 0.000239660 |
Next Low | 0.000235450 |
2nd Low | 0.000232940 |
3rd Low | 0.000207250 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows