FLOKI/USDT – 30M – SELL

Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

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

A continuation of the bearish trend downwards to the next support at 0.000129050 will continue.

Caution: A possible change in the direction of the resistance line at 0.000133750 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.

Furthermore a ‘RSI cross above 70’ indicator layout is existing. The indicator shows ‘RSI cross above 70’. which is often a bearish signal. The currency pair could go down.

Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 0.000130965 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 0.000133750 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Two Crows’ candlestick pattern is discovered. The candles show ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.000133750 – 0.000132200 – 0.000134050 – 0.000129050 – 0.000129050 – 0.000128420 — 50.802844553419 – 47.240955251866

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern –