FLOKI/USDT – 4H – SELL

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 2.0E-5 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 3.0E-5 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Two Crows’ candlestick pattern is detected. The chart forms ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

2.0E-5 – 3.0E-5 – 3.0E-5 – 2.0E-5 – 2.0E-5 – 2.0E-5 —
0.000021750 – 0.000022650 —
40.589375245736 – 54.18396884584 —
– —
2.0E-5 – 1782748800

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