FLOKI/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support line at 0.000128610 is certain.

Caution: A possible change in the direction of the resistance line at 0.000134430 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘RSI cross above 30’ indicator signal is existing. The indicator shows ‘RSI cross above 30’. this is usually a bullish chart signal. The currency pair could go up.

There is also a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.000134430 – 0.000132200 – 0.000134050 – 0.000128610 – 0.000127880 – 0.000119830 — 23.303678155546 – 22.146344661497

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Double bottom retreat down –