The currency pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline downwards
A bearish trend downwards to the next support line at 0.000094780 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.000108570 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.
Also there is a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. which is a negative chart scenario. The 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000123150 |
| 2nd High | 0.000111380 |
| Next High | 0.000108570 |
| Current Price | 0.000092500 |
| Next Low | 0.000094780 |
| 2nd Low | 0.000092560 |
| 3rd Low | 0.000091410 |
0.000108570 – 0.000111380 – 0.000100960 – 0.000101300 – 0.000105170 – 0.000094780 — 27.491945494332 – 21.995140489224
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –