FLOKI/USDT – 30M – SELL

Besides a ‘Double bottom retreat down’ chart layout is detected. The chart shows ‘Double bottom retreat down’. this is a bearish signal. The currency pair is likely to go down.

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

A continuation of the downward movement down to the next support at 0.000121940 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000130920 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Two Crows’ chart pattern is found. The chart forms ‘Two Crows’. which is a negative pattern signal. The 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).

0.000130920 – 0.000134120 – 0.000135250 – 0.000121940 – 0.000119830 – 0.000119110 — 65.172837249969 – 60.701513039443

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – Double bottom retreat down –