FLOKI/USDT – 1H – SELL

The pair Floki/Tether (FLOKI/USDT) goes from the bearish trendline down.

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

Caution: A possible trend reversal in the direction of the resistance line at 0.000134050 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.

Next a ‘Two Crows’ chart pattern is detected. The chart forms ‘Two Crows’. which 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 chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.000134050 – 0.000130920 – 0.000134120 – 0.000119830 – 0.000119110 – 0.000137800 — 45.802868374847 – 43.896432301841

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