FLOKI/USDT – 1H – SELLThe combination Floki/Tether (FLOKI/USDT) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 0.000076260 is expected.
Caution: A possible change in the direction of the resistance level at 0.000082010 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘Three Black Crows’. which 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 ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000107750 |
| 2nd High | 0.000098390 |
| Next High | 0.000082010 |
| Current Price | 0.000077370 |
| Next Low | 0.000076260 |
| 2nd Low | 0.000076190 |
| 3rd Low | 0.000075020 |
0.000082010 – 0.000079190 – 0.000080550 – 0.000076260 – 0.000076610 – 0.000076190
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three Black Crows