FLOKI/USDT – 30M – SELLThe combination Floki/Tether (FLOKI/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at 0.000070580 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.000073230 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
In addition a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. 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 | 0.000074770 |
| 2nd High | 0.000074320 |
| Next High | 0.000073230 |
| Current Price | 0.000071690 |
| Next Low | 0.000070580 |
| 2nd Low | 0.000059230 |
| 3rd Low | 0.000055790 |
0.000073230 – 0.000074320 – 0.000074770 – 0.000070580 – 0.000071010 – 0.000059230
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three Black Crows