FLOKI/USDT – 1H – SELLThe combination Floki/Tether (FLOKI/USDT) moves from the bullish trendline down.
The bearish trend down to the next support at 0.000080050 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.000107750 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000123700 |
| 2nd High | 0.000117920 |
| Next High | 0.000107750 |
| Current Price | 0.000099830 |
| Next Low | 0.000080050 |
| 2nd Low | 0.000072580 |
| 3rd Low | 0.000069800 |
0.000089790 – 0.000081630 – 0.000081490 – 0.000080050 – 0.000072580 – 0.000076120
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three Black Crows –