FLOKI/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support level at 0.000194310 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000206880 should always be considered.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.00019358 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.000206880 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency 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