Sell FLOKI/USDT – 30M – SELL

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

A descending movement down to the next support level at 0.000235450 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000246050 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. 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 0.000249580
2nd High 0.000247770
Next High 0.000246050
Current Price 0.000238990
Next Low 0.000235450
2nd Low 0.000232940
3rd Low 0.000207250

Download FLOKI/USDT Signal Image

Trading Signals:

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