FLOKI/USDT – 30M – SELL

The combination Floki/Tether (FLOKI/USDT) moves from the descending trendline downwards

A continuation of the downtrend down to the next support line at is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000116950 could happen.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.

Additionally a ‘RSI cross above 70’ indicator signal is existing. The indicator shows ‘RSI cross above 70’. which could be a negative chart signal. The currency pair could go down.

Additionally a ‘StochRSI cross above 20’ indicator signal is existing. The indicator shows ‘StochRSI cross above 20’. which could be a negative chart signal. The currency pair could go down.

Additionally a ‘Three Outside Down’ candlestick chart pattern is found. The chart forms ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.000116950 – 0.000123200 – 0.000119540 – 0.000106020 – 0.000116790 – 0.000114330 — 52.697792260533 – 50.512046021912

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Outside Down – – –