Sell FLOKI/USDT – 1H – SELL

The pair Floki/Tether (FLOKI/USDT) goes from the bearish trendline downwards

A continuation of the downtrend downwards to the next support at 0.000194310 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000206880 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative chart scenario. 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

Trading Signals:

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