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 level at is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.000134050 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.

Also there is a ‘RSI fall below 70’ indicator signal is discovered. The indicator is ‘RSI fall below 70’. which is often a bearish chart scenario. The currency pair could go down.

Also there is a ‘Two Crows’ candle chart pattern is detected. The candles form ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.000134050 – 0.000130920 – 0.000134120 – 0.000121940 – 0.000119830 – 0.000119110 — 41.54996041528 – 40.474627669907

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern –