FLOKI/USDT – 1H – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

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

A continuation of the downtrend downwards to the next support at is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000145920 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.

Besides a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.000145920 – 0.000144250 – 0.000144630 – 0.000134090 – 0.000129710 – 0.000128310

Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern