FLOKI/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 0.000121940 is expected.

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

Furthermore a ‘RSI cross above 70’ indicator layout is discovered. The indicator is ‘RSI cross above 70’. which is often a bearish signal. The pair is likely to go down.

Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Furthermore a ‘Three Outside Down’ chart pattern is discovered. The chart shows ‘Three Outside Down’. which is a negative pattern 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 ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000134050 – 0.000130920 – 0.000134120 – 0.000121940 – 0.000119830 – 0.000119110 — 48.034485335321 – 45.017923025992

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Outside Down – –