FLOKI/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at is expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.000119200 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.

And also a ‘Three Outside Down’ candlestick pattern is found. The chart forms ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000119200 – 0.000119680 – 0.000116950 – 0.000115770 – 0.000106020 – 0.000116790 — 43.237627850833 – 43.061245722789

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Outside Down – Triple bottom chart pattern – –