Sell FLOKI/USDT – 4H – SELL

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 2.236E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 3.0E-5 could occur.
Consider stop-loss settings accordingly.

Next a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 6.0E-5
2nd High 4.0E-5
Next High 3.0E-5
Current Price 0.000024640
Next Low
2nd Low
3rd Low

3.0E-5 – 3.0E-5 – 3.0E-5 – 2.0E-5 – 2.0E-5 – 3.0E-5 —
0.000025040 – 0.000025370 —
50.572395218573 – 54.764028193398 —
– —
3.0E-5 – 1781265600

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