FLOKI/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support at 0.000098460 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 0.000110240 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI fall below 80’ indicator layout is detected. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart scenario. The currency pair could go down.

Also there is a ‘Shooting Star’ candle pattern is found. The chart forms ‘Shooting Star’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).

0.000110240 – 0.000122000 – 0.000124710 – 0.000098460 – 0.000101170 – 0.000105900 — 60.714797732038 – 60.360748487294

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Shooting Star – Triple top chart pattern – –