FLOKI/USDT – 1H – SELL

Moreover a ‘Double bottom retreat down’ chart pattern is existing. The chart forms ‘Double bottom retreat down’. which is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish trend downwards to the next support level at 0.000105850 is certain.

Caution: A possible counter-trend in the direction of resistance at 0.000124070 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘RSI fall below 30’ indicator layout is detected. The indicator shows ‘RSI fall below 30’. which is often a bearish chart signal. The pair is likely to go down.

Moreover a ‘StochRSI fall below 80’ indicator layout is detected. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart signal. The pair is likely to go down.

Moreover a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000124070 – 0.000123510 – 0.000113320 – 0.000114330 – 0.000105850 – 0.000101230 — 56.520397534453 – 26.908528868718

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom retreat down – –