FLOKI/USDT – 1H – SELL

The combination Floki/Tether (FLOKI/USDT) goes from the descending trendline downwards

A continuation of the downward movement downwards to the next support level at 0.000095000 will persist.

Caution: A possible counter-trend in the direction of resistance at 0.000098590 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Then a ‘Matching Low’ chart pattern is discovered. The candles form ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.000098590 – 0.000098950 – 0.000103520 – 0.000095000 – 0.000094670 – 0.000093650 — 22.741314072639 – 22.372541832941

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Matching Low – – –