FLOKI/USDT – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart layout is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.

The currency pair Floki/Tether (FLOKI/USDT) moves from the bullish trendline down.

A descent downwards to the next support at 0.000137800 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.000157770 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘RSI fall below 30’ indicator signal is existing. The indicator shows ‘RSI fall below 30’. which could be a negative chart signal. The currency pair is likely to fall.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

Also there is a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.000157770 – 0.000155120 – 0.000145920 – 0.000137800 – 0.000135820 – 0.000134090

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