Sell FLOKI/USDT – 30M – SELL

Then a ‘Double bottom retreat down’ chart pattern is found. The chart picture shows ‘Double bottom retreat down’. which is a bearish pattern signal. The currency pair is likely to go down.

The combination Floki/Tether (FLOKI/USDT) jumps from the ascending trendline down.

A bearish trend downwards to the next support at 0.000105850 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000119540 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘RSI fall below 30’ indicator layout is found. The indicator is ‘RSI fall below 30’. which could be a negative chart signal. The currency pair could go down.

Then a ‘StochRSI fall below 80’ indicator layout is found. The indicator is ‘StochRSI fall below 80’. which could be a negative chart signal. The currency pair could go down.

Then a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000124710
2nd High 0.000124070
Next High 0.000119540
Current Price 0.000107020
Next Low 0.000105850
2nd Low 0.000102810
3rd Low 0.000101230

0.000119540 – 0.000124070 – 0.000123350 – 0.000116790 – 0.000114330 – 0.000114410 — 56.933370570694 – 21.980970232752

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