Sell FLOKI/USDT – 4H – SELL

The pair Floki/Tether (FLOKI/USDT) goes from the bearish trendline down.

A continuation of the downtrend down to the next support level at 0.000168520 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.000182750 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency 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 0.000259000
2nd High 0.000184560
Next High 0.000182750
Current Price 0.000177380
Next Low 0.000168520
2nd Low 0.000160410
3rd Low

Download FLOKI/USDT Signal Image

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