FLOKI/USDT – 4H – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

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

A descending movement down to the next support at 0.000094780 will persist.

Caution: A possible counter-trend in the direction of resistance at 0.000111380 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative signal. The pair is likely to go down.

Furthermore a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘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 likelyhood of ‘Three Black Crows’ heading down is 82%.

0.000111380 – 0.000110720 – 0.000123150 – 0.000094780 – 0.000097080 – 0.000100390 — 33.915434956511 – 30.927224055567

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