FLOKI/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

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

The bearish trend down to the next support at 0.000094670 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.000103520 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 9.307E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.000103520 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Two Crows’ candlestick chart pattern is discovered. The chart shows ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.000103520 – 0.000102990 – 0.000099150 – 0.000094670 – 0.000093650 – 0.000093070 — 42.882803353868 – 40.239529326883

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