FLOKI/USDT – 1H – SELLThe pair Floki/Tether (FLOKI/USDT) moves from the bullish trendline downwards
A bearish movement down to the next support level at 0.000071600 is likely expected.
Caution: A possible change in the direction of the resistance line at 0.000082010 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘Two Crows’ candlestick chart pattern is found. The candles show ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000107750 |
| 2nd High | 0.000098390 |
| Next High | 0.000082010 |
| Current Price | 0.000073840 |
| Next Low | 0.000071600 |
| 2nd Low | 0.000055790 |
| 3rd Low | 0.000050880 |
0.000082010 – 0.000079190 – 0.000080550 – 0.000071600 – 0.000075310 – 0.000076260
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Two Crows