FLOKI/USDT – 4H – SELL

Moreover a ‘Double top chart pattern’ chart pattern is detected. The formation shows ‘Double top chart pattern’. which is a negative chart scenario. The pair is likely to go down.

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

A descending movement downwards to the next support at 0.000100390 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000110720 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Three Black Crows’ candle pattern is found. The chart forms ‘Three Black Crows’. which is a bearish 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 Black Crows’ heading down is 82%.

0.000110720 – 0.000123150 – 0.000124070 – 0.000100390 – 0.000106020 – 0.000101230 — 41.780658907539 – 39.785033730544

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Double top chart pattern – –