FLOKI/USDT – 1H – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

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

A descending movement downwards to the next support line at 0.000128310 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.000145900 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.000145900 – 0.000140000 – 0.000102890 – 0.000128310 – 0.000124720 – 0.000092560

Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern