Sell FLOKI/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support at 0.000194310 is certain.

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

Also there is a ‘Three Black Crows’ candlestick chart pattern is detected. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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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