Sell FLOKI/USDT – 1H – SELL

The pair Floki/Tether (FLOKI/USDT) moves from the descending trendline downwards

A continuation of the bearish trend down to the next support line at 0.000247070 will continue.

Caution: A possible change in the direction of the resistance line at 0.000265780 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High
2nd High 0.000290000
Next High 0.000265780
Current Price 0.000253290
Next Low 0.000247070
2nd Low 0.000225420
3rd Low 0.000203590

Download FLOKI/USDT Signal Image

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