FLOKI/USDT – 1H – SELLThe currency pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline downwards
A bearish movement downwards to the next support level at 0.000081700 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.000097330 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish 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’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000117920 |
| 2nd High | 0.000107750 |
| Next High | 0.000097330 |
| Current Price | 0.000093590 |
| Next Low | 0.000081700 |
| 2nd Low | 0.000081150 |
| 3rd Low | 0.000074560 |
0.000097330 – 0.000092520 – 0.000085460 – 0.000081700 – 0.000081770 – 0.000082470
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three Black Crows