Sell FLOKI/USDT – 4H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

The currency pair Floki/Tether (FLOKI/USDT) moves from the bullish trendline down.

A bearish movement down to the next support level at 0.000094780 will continue.

Caution: A possible trend reversal in the direction of resistance at 0.000111380 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Next a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The 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%.

Support & Resistance Price Range*
3rd High 0.000124070
2nd High 0.000123150
Next High 0.000111380
Current Price 0.000093060
Next Low 0.000094780
2nd Low 0.000092560
3rd Low 0.000072580

0.000111380 – 0.000110720 – 0.000123150 – 0.000094780 – 0.000097080 – 0.000100390 — 33.915434956511 – 30.927224055567

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