FLOKI/USDT – 1H – SELLThe combination Floki/Tether (FLOKI/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support line at 0.000194310 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.000206880 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows