Sell FLOKI/USDT – 30M – SELL

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:

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