FLOKI/USDT – 4H – SELL

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

A descent downwards to the next support line at 0.000093070 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.000110970 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

In addition a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.000110970 – 0.000100040 – 0.000093800 – 0.000093070 – 0.000087500 – 0.000086130 — 49.65923720728 – 47.325748500648

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Double bottom retreat down – –