FLOKI/USDT – 30M – SELL

The combination Floki/Tether (FLOKI/USDT) goes from the bullish trendline down.

A bearish trend downwards to the next support at 0.000090610 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.000094530 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles form ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.000092480 – 0.000091970 – 0.000090980 – 0.000090610 – 0.000087540 – 0.000086130 — 59.613957313946 – 56.945441889982

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –