Sell FLOKI/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support at 0.000194310 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000206880 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. 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 Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000241900
2nd High 0.000232820
Next High 0.000206880
Current Price 0.000199150
Next Low 0.000194310
2nd Low 0.000192680
3rd Low 0.000180280

Download FLOKI/USDT Signal Image

Trading Signals:

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