Sell FLOKI/USDT – 1H – SELL

The pair Floki/Tether (FLOKI/USDT) goes from the ascending trendline downwards

A bearish movement downwards to the next support at 0.000232550 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.000283000 could occur.
Consider stop-loss settings accordingly.

In addition a ‘Three Black Crows’ candle pattern is detected. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. 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
2nd High
Next High 0.000283000
Current Price 0.000256290
Next Low 0.000232550
2nd Low 0.000203590
3rd Low 0.000138620

Download FLOKI/USDT Signal Image

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