FLOKI/USDT – 30M – SELL

The pair Floki/Tether (FLOKI/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend downwards to the next support line at 0.000101230 will persist.

Caution: A possible change in the direction of the resistance zone at 0.000107860 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.00010263 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 0.000107860 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.000107860 – 0.000108980 – 0.000123150 – 0.000102630 – 0.000115770 – 0.000106020 — 34.581326573122 – 32.923696829122

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –