FLOKI/USDT – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

The pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline downwards

A bearish descent down to the next support level at 0.000106290 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.000112260 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘RSI fall below 70’ indicator signal is found. The indicator shows ‘RSI fall below 70’. this is usually a bearish chart signal. The pair is likely to go down.

There is also a ‘StochRSI fall below 80’ indicator signal is found. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish chart signal. The pair is likely to go down.

There is also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 0.0001090032 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.000112260 is also possible.
Consider stop-loss settings accordingly.

0.000112260 – 0.000110080 – 0.000108620 – 0.000106290 – 0.000098460 – 0.000102660 — 62.282967512759 – 58.430059933594

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – – Rising Wedge Chart Pattern – –