Sell FLOKI/USDT – 1H – SELL

The currency pair Floki/Tether (FLOKI/USDT) goes from the bearish trendline down.

A continuation of the downtrend downwards to the next support at 0.000216370 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 0.000233590 is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.000265990
2nd High 0.000244770
Next High 0.000233590
Current Price 0.000221070
Next Low 0.000216370
2nd Low 0.000203510
3rd Low 0.000138620

Download FLOKI/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals