FLOKI/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 0.000129050 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000132200 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.

Next a ‘Three Black Crows’ chart pattern is found. The chart shows ‘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 success rate of a ‘Three Black Crows’ going down is 82%.

0.000132200 – 0.000134050 – 0.000130920 – 0.000129050 – 0.000128420 – 0.000127880 — 50.477764698396 – 46.301229688752

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