FLOKI/USDT – 4H – SELL

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

A continuation of the bearish trend downwards to the next support level at 2.0E-5 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 3.0E-5 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Bearish Belt Hold’ chart pattern is existing. The chart forms ‘Bearish Belt Hold’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 —
0.000028890 – 0.000027800 —
39.139954584886 – 40.821513770945 —
– —
3.0E-5 – 1772640000

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Belt Hold – – –