Sell FLOKI/USDT – 1H – SELL

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 3.0E-5 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support zone at 4.0E-5 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ chart pattern is existing. 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’ going down is 82%.

Support & Resistance Price Range*
3rd High 6.0E-5
2nd High 5.0E-5
Next High 4.0E-5
Current Price 0.000031820
Next Low 3.0E-5
2nd Low 2.0E-5
3rd Low

4.0E-5 – 4.0E-5 – 4.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 —
0.000033640 – 0.000032720 —
36.384791528256 – 29.392573832864 —
– —
4.0E-5 – 1770152400

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