Sell FLOKI/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support at 0.000165220 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.000184560 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.000241900
2nd High 0.000232820
Next High 0.000184560
Current Price 0.000178740
Next Low 0.000165220
2nd Low 0.000163020
3rd Low 0.000160410

Download FLOKI/USDT Signal Image

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