FLOKI/USDT – 30M – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

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

A descending movement down to the next support level at 0.000095630 is certain.

Caution: A possible counter-trend in the direction of resistance at 0.000098820 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.

Next a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 9.56852E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.000098820 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Matching Low’ candle pattern is found. The chart forms ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.000098820 – 0.000100040 – 0.000098830 – 0.000095630 – 0.000094340 – 0.000096370 — 41.076879151682 – 40.157863272462

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –