FLOKI/USDT – 1H – SELL

The pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline down.

A bearish descent down to the next support at 0.000134090 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.000148160 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

Next a ‘Two Crows’ candlestick chart pattern is found. The chart shows ‘Two Crows’. 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 probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.000145920 – 0.000144250 – 0.000144630 – 0.000134090 – 0.000129710 – 0.000128310

Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Two Crows –