FLOKI/USDT – 4H – SELL

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

A continuation of the bearish trend down to the next support at 0.000106020 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000124070 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

There is also a ‘Two Crows’ candle chart pattern is found. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.000124070 – 0.000113320 – 0.000122000 – 0.000106020 – 0.000101230 – 0.000098460 — 51.89896245827 – 49.928645822034

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – Triple bottom chart pattern – –