FLOKI/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

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

A bearish movement downwards to the next support line at 0.000094670 will continue.

Caution: A possible change in the direction of the resistance line at 0.000103520 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Also there is a ‘Three Outside Down’ candle pattern is existing. The chart forms ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.000103520 – 0.000103150 – 0.000102990 – 0.000099380 – 0.000094670 – 0.000095990 — 31.716019727311 – 29.59735721088

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –