FLOKI/USDT – 30M – SELL

The pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline downwards

The bearish trend down to the next support level at 0.000102810 is likely expected.

Caution: A possible change in the direction of the resistance line at 0.000108110 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘RSI fall below 70’ indicator signal is discovered. The indicator is ‘RSI fall below 70’. this is usually a bearish signal. The pair is likely to go down.

Moreover a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator is ‘StochRSI fall below 80’. this is usually a bearish signal. The pair is likely to go down.

Moreover a ‘Tweezers Top’ candle pattern is found. The candles show ‘Tweezers Top’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

0.000108110 – 0.000106250 – 0.000107000 – 0.000102810 – 0.000101230 – 0.000101310 — 67.487268443183 – 54.423265237627

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Tweezers Top – Double bottom retreat down – –