FLOKI/USDT – 4H – SELL

The combination Floki/Tether (FLOKI/USDT) moves from the bearish trendline downwards

A continuation of the downtrend down to the next support line at 0.000094780 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000110720 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.000110720 – 0.000123150 – 0.000124070 – 0.000094780 – 0.000097080 – 0.000100390 — 54.144282114047 – 47.034243814666

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –