Sell FLOKI/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at 0.000175920 will persist.

Caution: A possible change in the direction of the resistance zone at 0.000184560 could occur.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.00017489 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.000184560 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative 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’ going 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 0.000175920
2nd Low 0.000173630
3rd Low 0.000172780

Download FLOKI/USDT Signal Image

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