Sell FLOKI/USDT – 1H – SELL

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.00018675 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000203280 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. 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 0.000232820
2nd High 0.000204500
Next High 0.000203280
Current Price 0.000195220
Next Low 0.000192750
2nd Low 0.000180280
3rd Low 0.000169320

Download FLOKI/USDT Signal Image

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