FLOKI/USDT – 4H – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The currency pair Floki/Tether (FLOKI/USDT) goes from the ascending trendline downwards

A descending movement downwards to the next support line at 0.000119110 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.000157770 could be enabled.
Consider stop-loss settings accordingly.

In addition a ‘RSI fall below 30’ indicator layout is detected. The indicator is ‘RSI fall below 30’. this is usually a bearish chart scenario. The pair is likely to go down.

In addition a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

0.000157770 – 0.000148160 – 0.000102890 – 0.000119110 – 0.000092560 – 0.000072580 — 48.216554851913 – 39.716019002235

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –