FLOKI/USDT – 1H – SELL

Moreover a ‘Triple top chart pattern’ chart formation is discovered. The chart picture shows ‘Triple top chart pattern’. which is a negative chart scenario. The currency pair is likely to fall.

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

A bearish descent down to the next support line at 0.000092560 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.000124710 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Outside Down’ candlestick pattern is detected. The candles show ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.000124710 – 0.000134430 – 0.000132200 – 0.000128610 – 0.000127880 – 0.000119830 — 42.734029699392 – 40.453552714152

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