The pair Floki/Tether (FLOKI/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 4.0E-5 will persist.
Caution: A possible trend reversal in the direction of resistance at 7.0E-5 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
In addition a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. which is a negative pattern signal. The 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 | 0.00011 |
| 2nd High | 8.0E-5 |
| Next High | 7.0E-5 |
| Current Price | 0.000049190 |
| Next Low | 4.0E-5 |
| 2nd Low | 2.0E-5 |
| 3rd Low |
7.0E-5 – 7.0E-5 – 7.0E-5 – 4.0E-5 – 5.0E-5 – 5.0E-5 — 54.248919918894 – 52.14108079722 — 69.520912171354 – 47.020850337612 – 80.188277415392 – 66.718121959428
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Triple top chart pattern – –