Sell FLOKI/USDT – 1H – SELL

The currency 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 expected.

Caution: A possible counter-trend in the direction of resistance at 0.000206880 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ candle pattern is found. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency 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

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