The pair Floki/Tether (FLOKI/USDT) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 0.000092130 is expected.
Caution: A possible change in the direction of the resistance level at 0.000105410 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000110420 |
| 2nd High | 0.000108570 |
| Next High | 0.000105410 |
| Current Price | 0.000093730 |
| Next Low | 0.000092130 |
| 2nd Low | 0.000091410 |
| 3rd Low | 0.000080050 |
0.000105410 – 0.000108570 – 0.000107270 – 0.000092130 – 0.000096770 – 0.000100780 — 38.557171235891 – 37.270867397378
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Triple top chart pattern – –