The pair Floki/Tether (FLOKI/USDT) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support at 0.000194310 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000206880 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Black Crows’ candlestick chart pattern is detected. 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 likelyhood 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
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows