FLOKI/USDT – 30M – SELL

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

A descent down to the next support line at 0.000104270 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 0.000107860 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.00010626142 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.000107860 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000107730 – 0.000107720 – 0.000106240 – 0.000104270 – 0.000104230 – 0.000100390 — 55.468572244307 – 51.717838047066

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – – –