FLOKI/USDT – 30M – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

The combination Floki/Tether (FLOKI/USDT) moves from the bullish trendline downwards

A bearish descent down to the next support level at 0.000106290 will persist.

Caution: A possible change in the direction of the resistance line at 0.000112260 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘RSI fall below 70’ indicator layout is detected. The indicator is ‘RSI fall below 70’. which could be a negative chart scenario. The currency pair is likely to fall.

Additionally a ‘StochRSI fall below 80’ indicator layout is detected. The indicator is ‘StochRSI fall below 80’. which could be a negative chart scenario. The currency pair is likely to fall.

Additionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.0001090032 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 0.000112260 could happen.
Please make appropriate stop-loss settings in the case of a trade.

0.000112260 – 0.000110080 – 0.000108620 – 0.000106290 – 0.000098460 – 0.000102660 — 62.282967512759 – 58.430059933594

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