FLOKI/USDT – 4H – SELL

The pair Floki/Tether (FLOKI/USDT) goes from the bearish trendline down.

A continuation of the downward movement downwards to the next support level at 0.000087500 will persist.

Caution: A possible change in the direction of the resistance level at 0.000110970 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Moreover a ‘Two Crows’ candle chart pattern is found. The candles form ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.000110970 – 0.000100040 – 0.000093800 – 0.000087500 – 0.000086130 – 0.000090550 — 38.162984272887 – 36.946424285475

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –