FLOKI/USDT – 30M – SELL

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

A bearish movement downwards to the next support line at is expected.

Caution: A possible trend reversal in the direction of the resistance line at 5.0E-5 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 4.5E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 5.0E-5 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

5.0E-5 – 5.0E-5 – 5.0E-5 – 0.000047330 – 5.0E-5 – 5.0E-5 — 37.615597117421 – 36.9458682635 — 29.868226801979 – 32.960917409325 – 24.378080386597 – 28.395990283681

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – – Double bottom chart pattern – –