FLOKI/USDT – 4H – SELL

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

A descending movement downwards to the next support line at 0.000114660 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.000249340 is within the realm of possibility.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 0.00021755552 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 0.000249340 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish pattern signal. 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%.

Download FLOKI/USDT Signal Image

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