The currency pair Floki/Tether (FLOKI/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.000203590 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.000283000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.00019883 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.000283000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. 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 |
|
2nd High |
|
Next High |
0.000283000 |
Current Price |
0.000240520 |
Next Low |
0.000203590 |
2nd Low |
0.000138620 |
3rd Low |
0.000114660 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows