FLOKI/USDT – 30M – SELL

Besides a ‘Double bottom retreat down’ chart layout is existing. The chart forms ‘Double bottom retreat down’. which is a negative chart scenario. The currency pair is likely to fall.

The currency pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline down.

A descending movement downwards to the next support line at 0.000128310 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 0.000145900 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Besides a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.000137850 – 0.000145900 – 0.000137960 – 0.000128310 – 0.000124720 – 0.000127810

Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Double bottom retreat down