FLOKI/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at 0.000102810 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.000108490 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘StochRSI fall below 80’ indicator layout is existing. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart scenario. The currency pair could go down.

Additionally a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000108490 – 0.000108110 – 0.000106250 – 0.000102810 – 0.000101230 – 0.000101310 — 55.998807702644 – 51.993870215692

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – – –