Sell FLOKI/USDT – 1H – SELL

The currency pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline downwards

A bearish descent down to the next support level at 0.000225420 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000265990 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 0.00022542 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of support at 0.000265990 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish 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
2nd High 0.000290000
Next High 0.000265990
Current Price 0.000233450
Next Low 0.000225420
2nd Low 0.000203590
3rd Low 0.000138620

Download FLOKI/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals