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
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows