FLOKI/USDT – 30M – SELL

The currency pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline downwards

A bearish descent down to the next support level at 0.000098330 will persist.

Caution: A possible counter-trend in the direction of resistance at 0.000110970 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Besides a ‘Two Crows’ candle pattern is existing. The candles form ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.000110970 – 0.000108620 – 0.000105430 – 0.000103530 – 0.000105000 – 0.000098330 — 27.86967685106 – 27.742390605017

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –