The currency pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline down.
A descending movement downwards to the next support line at 0.000255000 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.000272500 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000290000 |
2nd High | 0.000273210 |
Next High | 0.000272500 |
Current Price | 0.000261000 |
Next Low | 0.000255000 |
2nd Low | 0.000232610 |
3rd Low | 0.000224760 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows