FLOKI/USDT – 1H – SELL

The combination Floki/Tether (FLOKI/USDT) jumps from the descending trendline downwards

A continuation of the downward movement down to the next support at 0.000092560 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.000110240 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘RSI fall below 30’ indicator layout is discovered. The indicator shows ‘RSI fall below 30’. which is often a bearish chart signal. The pair is likely to go down.

There is also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.00010117 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.000110240 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish signal. The 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%.

0.000110240 – 0.000122000 – 0.000124710 – 0.000101170 – 0.000105900 – 0.000128610 — 32.590331543377 – 31.71080771419

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Triple top chart pattern –