The pair Floki/Tether (FLOKI/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support at 0.000194310 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.000206880 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000241900 |
2nd High | 0.000232820 |
Next High | 0.000206880 |
Current Price | 0.000199150 |
Next Low | 0.000194310 |
2nd Low | 0.000192680 |
3rd Low | 0.000180280 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows