FLOKI/USDT – 30M – SELL

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

A descent down to the next support at 0.000203510 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.000228250 should be noted.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.00020351 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 0.000228250 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black 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 likelyhood of ‘Three Black Crows’ heading down is 82%.

Download FLOKI/USDT Signal Image

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