FLOKI/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support level at will persist.

Caution: A possible change in the direction of the resistance line at 0.000134050 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Three Outside Down’ chart pattern is found. The candles show ‘Three Outside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.000134050 – 0.000130920 – 0.000134120 – 0.000121940 – 0.000119830 – 0.000119110 — 53.864398839885 – 51.950630742638

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Outside Down – Double bottom retreat down –