Sell FLOKI/USDT – 30M – SELL

The currency pair Floki/Tether (FLOKI/USDT) moves from the descending trendline down.

A continuation of the downtrend down to the next support level at 0.000235450 is considered certain.

Caution: A possible change in the direction of resistance at 0.000246050 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.00023075 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.000246050 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency 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 0.000249580
2nd High 0.000247770
Next High 0.000246050
Current Price 0.000239660
Next Low 0.000235450
2nd Low 0.000232940
3rd Low 0.000207250

Download FLOKI/USDT Signal Image

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