The pair Floki/Tether (FLOKI/USDT) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 0.000194310 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.000206880 should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. 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 | 0.000241900 |
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