Sell FLOKI/USDT – 1H – SELL

The combination Floki/Tether (FLOKI/USDT) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support level at 0.000235450 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.000247000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.000254250
2nd High 0.000247770
Next High 0.000247000
Current Price 0.000233490
Next Low 0.000235450
2nd Low 0.000232940
3rd Low 0.000207250

Download FLOKI/USDT Signal Image

Trading Signals:

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