FLOKI/USDT – 1H – SELLThe combination Floki/Tether (FLOKI/USDT) jumps from the descending trendline down.
A continuation of the downtrend down to the next support line at 0.000223050 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.000242310 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative 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 | 0.000265990 |
| 2nd High | 0.000244770 |
| Next High | 0.000242310 |
| Current Price | 0.000225920 |
| Next Low | 0.000223050 |
| 2nd Low | 0.000219490 |
| 3rd Low | 0.000207250 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows