FLOKI/USDT – 1H – SELLThe currency pair Floki/Tether (FLOKI/USDT) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 0.000128610 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.000134430 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. which is a bearish 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 | |
| 2nd High | 0.000157770 |
| Next High | 0.000134430 |
| Current Price | 0.000119580 |
| Next Low | 0.000128610 |
| 2nd Low | 0.000127880 |
| 3rd Low | 0.000119830 |
0.000134430 – 0.000132200 – 0.000134050 – 0.000128610 – 0.000127880 – 0.000119830 — 20.810632889141 – 20.284629478243
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Double bottom retreat down –