FLOKI/USDT – 30M – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

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

The bearish trend downwards to the next support line at 0.000079530 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000081650 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.000081650 – 0.000079190 – 0.000078830 – 0.000079530 – 0.000076260 – 0.000076610

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