FLOKI/USDT – 1H – SELLThe pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline downwards
A bearish trend downwards to the next support level at 0.000232940 is certain.
Caution: A possible change in the direction of the resistance line at 0.000254250 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.00022538188 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 0.000254250 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000290000 |
| 2nd High | 0.000284080 |
| Next High | 0.000254250 |
| Current Price | 0.000236320 |
| Next Low | 0.000232940 |
| 2nd Low | 0.000207250 |
| 3rd Low | 0.000203510 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows