FLOKI/USDT – 1H – SELLThe currency pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline down.
A descent downwards to the next support line at 0.000169000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000179810 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. 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 | 0.000232820 |
| 2nd High | 0.000184870 |
| Next High | 0.000179810 |
| Current Price | 0.000170350 |
| Next Low | 0.000169000 |
| 2nd Low | 0.000168520 |
| 3rd Low | 0.000165220 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows