Sell FLOKI/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.000247710 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000266890 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.000273210
2nd High 0.000272500
Next High 0.000266890
Current Price 0.000258310
Next Low 0.000247710
2nd Low 0.000232610
3rd Low 0.000224760

Download FLOKI/USDT Signal Image

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