FLOKI/USDT – 4H – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.

The currency pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline downwards

A bearish trend downwards to the next support line at 0.000119110 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 0.000157770 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘RSI cross above 30’ indicator signal is existing. The indicator shows ‘RSI cross above 30’. which is often a bullish chart scenario. The pair is likely to go up.

Additionally a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.000157770 – 0.000148160 – 0.000102890 – 0.000119110 – 0.000092560 – 0.000072580 — 32.255627908928 – 31.097879745906

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