FLOKI/USDT – 4H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish descent down to the next support level at 0.000101230 is likely expected.

Caution: A possible change in the direction of resistance at 0.000124070 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 9.846E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 0.000124070 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.000124070 – 0.000113320 – 0.000122000 – 0.000106020 – 0.000101230 – 0.000098460 — 35.690611300029 – 34.576986557699

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