The pair Floki/Tether (FLOKI/USDT) goes from the ascending trendline down.
A bearish movement downwards to the next support level at 0.000103530 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 0.000110970 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three Black Crows’ candle pattern is found. The candles form ‘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 chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000123150 |
| 2nd High | 0.000111380 |
| Next High | 0.000110970 |
| Current Price | 0.000103990 |
| Next Low | 0.000103530 |
| 2nd Low | 0.000098330 |
| 3rd Low | 0.000095610 |
0.000110970 – 0.000108620 – 0.000105430 – 0.000103530 – 0.000105000 – 0.000098330 — 39.500637234583 – 38.664188018964
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Triple bottom chart pattern – –