FLOKI/USDT – 1H – SELL

In addition a ‘Triple top chart pattern’ chart layout is detected. The chart forms ‘Triple top chart pattern’. this is a bearish signal. The currency pair is likely to go down.

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

A continuation of the downtrend downwards to the next support line at 0.000092560 will continue.

Caution: A possible change in the direction of the resistance zone at 0.000124710 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘RSI fall below 30’ indicator layout is found. The indicator shows ‘RSI fall below 30’. this is usually a bearish signal. The currency pair could go down.

In addition a ‘Three Outside Down’ candle pattern is existing. The candles form ‘Three Outside Down’. 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 success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000124710 – 0.000134430 – 0.000132200 – 0.000128610 – 0.000127880 – 0.000119830 — 39.364020239428 – 34.844258960132

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Outside Down – Triple top chart pattern –