FLOKI/USDT – 30M – SELL

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

A bearish descent down to the next support line at 0.000098330 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 0.000108620 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

And also a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000108620 – 0.000105430 – 0.000102760 – 0.000098330 – 0.000095610 – 0.000095380 — 51.532109679222 – 47.531646743401

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