FLOKI/USDT – 30M – SELL

The combination Floki/Tether (FLOKI/USDT) moves from the descending trendline down.

A continuation of the bearish trend downwards to the next support level at 0.000133520 is expected.

Caution: A possible change in the direction of the resistance line at 0.000144630 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Outside Down’ candlestick chart pattern is found. The chart shows ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.000144630 – 0.000148160 – 0.000137850 – 0.000133520 – 0.000129710 – 0.000128310

Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern