FLOKI/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support line at 0.000113200 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.000124710 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘RSI fall below 30’ indicator layout is detected. The indicator is ‘RSI fall below 30’. this is usually a bearish chart signal. The pair is likely to go down.

Also there is a ‘Two Crows’ candle chart pattern is detected. The candles show ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.000124710 – 0.000132900 – 0.000134430 – 0.000113200 – 0.000117820 – 0.000128610 — 26.494359490811 – 25.753499756509

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – –