Sell FLOKI/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support at 0.000138620 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 0.000232820 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative pattern signal. The 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 0.000259000
2nd High 0.000241900
Next High 0.000232820
Current Price 0.000179120
Next Low 0.000138620
2nd Low 0.000114660
3rd Low

Download FLOKI/USDT Signal Image

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