Sell FLOKI/USDT – 1H – SELL

The pair Floki/Tether (FLOKI/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend downwards to the next support line at 0.000194310 is considered certain.

Caution: A possible change in the direction of resistance at 0.000206880 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Three Black Crows’ candle chart pattern is detected. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000241900
2nd High 0.000232820
Next High 0.000206880
Current Price 0.000199150
Next Low 0.000194310
2nd Low 0.000192680
3rd Low 0.000180280

Download FLOKI/USDT Signal Image

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