FLOKI/USDT – 30M – SELLThe combination Floki/Tether (FLOKI/USDT) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 0.000102630 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.000108980 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. 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 | 0.000123200 |
| 2nd High | 0.000123150 |
| Next High | 0.000108980 |
| Current Price | 0.000102840 |
| Next Low | 0.000102630 |
| 2nd Low | 0.000101230 |
| 3rd Low | 0.000098460 |
0.000108980 – 0.000123150 – 0.000119200 – 0.000102630 – 0.000115770 – 0.000106020 — 30.026020219682 – 27.425996439082
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –