FLOKI/USDT – 30M – SELL

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

A descending movement down to the next support at 0.000173630 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.000184560 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.00017379 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 0.000184560 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. this 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’ heading down is 82%.

Download FLOKI/USDT Signal Image

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