FLOKI/USDT – 1H – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

A bearish trend downwards to the next support line at 0.000105850 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000123510 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘RSI fall below 30’ indicator layout is existing. The indicator shows ‘RSI fall below 30’. which could be a negative signal. The currency pair is likely to fall.

Furthermore a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.000123510 – 0.000113320 – 0.000110240 – 0.000105850 – 0.000101230 – 0.000098460 — 44.852851703842 – 39.133492156731

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