FLOKI/USDT – 30M – SELL

There is also a ‘Double bottom retreat down’ chart layout is discovered. The chart forms ‘Double bottom retreat down’. this is a bearish chart scenario. The currency pair is likely to go down.

The combination Floki/Tether (FLOKI/USDT) jumps from the bullish trendline down.

A descent downwards to the next support at 0.000115770 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000123200 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.000119200 – 0.000119680 – 0.000116950 – 0.000115770 – 0.000106020 – 0.000116790 — 55.746912181511 – 52.443267777328

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