FLOKI/USDT – 30M – SELL

In addition a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

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

A bearish descent down to the next support level at is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000098590 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 9.5E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 0.000098590 could happen.
Please make appropriate stop-loss settings in the case of a trade.

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

0.000098590 – 0.000098950 – 0.000097330 – 0.000095610 – 0.000095460 – 0.000095000 — 42.711281794359 – 42.29444795819

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Southern Doji – Symmetrical Triangle Chart Pattern – –