FLOKI/USDT – 1H – SELL

Moreover a ‘Double bottom retreat down’ chart formation is discovered. The chart picture forms ‘Double bottom retreat down’. which is a bearish pattern signal. The currency pair is likely to go down.

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

The bearish trend down to the next support level at 0.000128610 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 0.000132200 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair could go down.

Moreover a ‘RSI fall below 70’ indicator layout is discovered. The indicator is ‘RSI fall below 70’. which could be a negative chart scenario. The currency pair could go down.

Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

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

0.000132200 – 0.000134050 – 0.000130920 – 0.000128610 – 0.000127880 – 0.000119830 — 48.810148766831 – 39.533715859815

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom retreat down –