FLOKI/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

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

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000148160 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.00012838424 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000148160 could occur.
Consider stop-loss settings accordingly.

0.000148160 – 0.000137850 – 0.000145900 – 0.000128310 – 0.000124720 – 0.000127810

Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – – Rising Wedge Chart Pattern