FLOKI/USDT – 4H – SELL

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

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

Caution: A possible counter-trend in the direction of resistance at 6.0E-5 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.

There is also a ‘Three Outside Down’ candle pattern is detected. The chart forms ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

6.0E-5 – 4.0E-5 – 4.0E-5 – 5.0E-5 – 4.0E-5 – 4.0E-5 — 40.605577421253 – 39.525772280492 — 3.4884428223844 – 2.9288321167883 – 10.526878870803 – 6.272319425607

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Outside Down – Triple bottom chart pattern – –