FLOKI/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support line at is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000028820 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.

Next a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.000028820 – 3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 —
0.000028820 – 0.000028350 —
65.558597215391 – 54.793301448832 —
0.000028820 – 1772553600 —
– 1772553600

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