Sell FLOKI/USDT – 1H – SELL

The pair Floki/Tether (FLOKI/USDT) jumps from the descending trendline down.

A continuation of the downward movement downwards to the next support at 0.000194310 is likely expected.

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

Next a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘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’ going 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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