Sell FLOKI/USDT – 4H – SELL

The currency pair Floki/Tether (FLOKI/USDT) goes from the bearish trendline down.

A continuation of the downtrend down to the next support line at 2.0E-5 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 3.0E-5 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Two Crows’ candlestick chart pattern is detected. The candles show ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 6.0E-5
2nd High 4.0E-5
Next High 3.0E-5
Current Price 0.000026200
Next Low 2.0E-5
2nd Low
3rd Low

3.0E-5 – 3.0E-5 – 3.0E-5 – 2.0E-5 – 2.0E-5 – 3.0E-5 —
0.000025180 – 0.000027800 —
50.753857131768 – 73.192626901624 —
– —
3.0E-5 – 1781265600

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