FLOKI/USDT – 1H – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

The combination Floki/Tether (FLOKI/USDT) jumps from the ascending trendline downwards

A bearish trend downwards to the next support at 0.000096000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000099450 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 9.213E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000099450 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish 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%.

0.000099450 – 0.000099080 – 0.000108570 – 0.000096000 – 0.000095310 – 0.000093480 — 43.853667285914 – 42.074236369614

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