FLOKI/USDT – 1H – SELLThe currency pair Floki/Tether (FLOKI/USDT) moves from the bullish trendline downwards
A bearish movement down to the next support line at 0.000081700 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000097330 could happen.
Consider stop-loss settings accordingly.
And also a ‘Two Crows’ candlestick pattern is existing. The candles show ‘Two 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 chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000117920 |
| 2nd High | 0.000107750 |
| Next High | 0.000097330 |
| Current Price | 0.000092810 |
| 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 – Two Crows