FLOKI/USDT – 30M – SELL

The combination Floki/Tether (FLOKI/USDT) jumps from the ascending trendline downwards

A descending movement down to the next support level at 0.000095030 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.000101930 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Outside Down’ candlestick chart pattern is existing. The chart shows ‘Three Outside Down’. 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 chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000098290 – 0.000097750 – 0.000101930 – 0.000095030 – 0.000091410 – 0.000093250

Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern