Sell FLOKI/USDT – 30M – SELL

The currency pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline downwards

A bearish descent down to the next support level at 0.000243770 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000265780 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000290000
2nd High 0.000269280
Next High 0.000265780
Current Price 0.000243580
Next Low 0.000243770
2nd Low 0.000225420
3rd Low 0.000214280

Download FLOKI/USDT Signal Image

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