FLOKI/USDT – 4H – SELL

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

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

A bearish movement downwards to the next support at 0.000106020 is expected.

Caution: A possible change in the direction of the resistance line at 0.000124070 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair could go down.

Moreover a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black 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 ‘Three Black Crows’ going down is 82%.

0.000124070 – 0.000113320 – 0.000122000 – 0.000106020 – 0.000101230 – 0.000098460 — 38.49941769251 – 36.634955718578

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