The pair Floki/Tether (FLOKI/USDT) moves from the descending trendline downwards
A continuation of the downward movement down to the next support line at 0.000138620 is certain.
Caution: A possible change in the direction of the resistance zone at 0.000232820 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.00016639 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.000232820 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish pattern 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’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000259000 |
2nd High | 0.000241900 |
Next High | 0.000232820 |
Current Price | 0.000162490 |
Next Low | 0.000138620 |
2nd Low | 0.000135340 |
3rd Low | 0.000133530 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows