The pair Floki/Tether (FLOKI/USDT) moves from the bullish trendline down.
A descent downwards to the next support line at 0.000232550 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.000283000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. 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 | |
2nd High | |
Next High | 0.000283000 |
Current Price | 0.000244770 |
Next Low | 0.000232550 |
2nd Low | 0.000214280 |
3rd Low | 0.000203590 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows