Sell FLOKI/USDT – 30M – SELL

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

A descent down to the next support at 0.000226860 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000252940 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.00022686 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000252940 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000269280
2nd High 0.000265990
Next High 0.000252940
Current Price 0.000231580
Next Low 0.000226860
2nd Low 0.000225420
3rd Low 0.000214280

Download FLOKI/USDT Signal Image

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