FLOKI/USDT – 30M – SELL

The currency pair Floki/Tether (FLOKI/USDT) moves from the descending trendline downwards

A continuation of the downward movement downwards to the next support at 0.000097080 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000101310 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a bearish pattern 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%.

0.000101310 – 0.000104550 – 0.000104430 – 0.000097080 – 0.000097190 – 0.000097130 — 42.929983765997 – 41.832644545082

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