Sell FLOKI/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support line at 0.000165220 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000184560 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘Three Line Strike – Bearish’ candlestick chart pattern is found. The chart forms ‘Three Line Strike – Bearish’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).

Support & Resistance Price Range*
3rd High 0.000241900
2nd High 0.000232820
Next High 0.000184560
Current Price 0.000176000
Next Low 0.000165220
2nd Low 0.000163020
3rd Low 0.000160410

Download FLOKI/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals