The combination Floki/Tether (FLOKI/USDT) moves from the descending trendline down.
A continuation of the downward movement down to the next support line at 0.000239070 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000270220 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. 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 | 0.000283000 |
2nd High | 0.000280000 |
Next High | 0.000270220 |
Current Price | 0.000246800 |
Next Low | 0.000239070 |
2nd Low | 0.000232550 |
3rd Low | 0.000203590 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows