The currency pair Floki/Tether (FLOKI/USDT) moves from the bullish trendline down.
A bearish trend down to the next support line at 0.000065120 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.000072340 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. 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 | 0.000076320 |
2nd High | 0.000072470 |
Next High | 0.000072340 |
Current Price | 0.000064630 |
Next Low | 0.000065120 |
2nd Low | 0.000064560 |
3rd Low | 0.000055790 |
0.000072340 – 0.000072470 – 0.000076320 – 0.000065120 – 0.000064560 – 0.000070540
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three Black Crows