FLOKI/USDT – 1H – SELLThe pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline down.
A bearish movement down to the next support at 0.000092020 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000097330 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The 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 | 0.000117920 |
| 2nd High | 0.000107750 |
| Next High | 0.000097330 |
| Current Price | 0.000092680 |
| Next Low | 0.000092020 |
| 2nd Low | 0.000081700 |
| 3rd Low | 0.000081150 |
0.000097330 – 0.000092520 – 0.000085460 – 0.000092020 – 0.000081700 – 0.000081770
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three Black Crows