FLOKI/USDT – 30M – SELL

The combination Floki/Tether (FLOKI/USDT) moves from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support line at 0.000245010 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.000257000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.00023907 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.000257000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Download FLOKI/USDT Signal Image

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows