FLOKI/USDT – 30M – SELL

The combination Floki/Tether (FLOKI/USDT) jumps from the descending trendline down.

A continuation of the bearish trend down to the next support at 0.000203590 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.000228250 is within the realm of possibility.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 0.00021651 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 0.000228250 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘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 chance of ‘Three Black Crows’ going down is 82%.

Download FLOKI/USDT Signal Image

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