FLOKI/USDT – 1H – SELL

The currency pair Floki/Tether (FLOKI/USDT) jumps from the descending trendline downwards

A continuation of the bearish trend downwards to the next support level at 4.0E-5 is considered certain.

Caution: A possible change in the direction of resistance at 5.0E-5 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘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 likelyhood of ‘Three Black Crows’ going down is 82%.

5.0E-5 – 5.0E-5 – 5.0E-5 – 4.0E-5 – 4.0E-5 – 5.0E-5 —
0.000043960 – 0.000043750 —
49.30723952387 – 45.175331908719 —
– —
0.00005 – 1768852800

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