FLOKI/USDT – 30M – SELL

Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The pair is likely to go down.

The currency pair Floki/Tether (FLOKI/USDT) jumps from the descending trendline downwards

A continuation of the downtrend downwards to the next support line at 0.000127810 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.000137960 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Furthermore a ‘Three Outside Down’ candlestick chart pattern is existing. The candles show ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000137960 – 0.000140000 – 0.000101870 – 0.000127810 – 0.000123000 – 0.000093290

Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern