Sell FLOKI/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

The combination Floki/Tether (FLOKI/USDT) jumps from the bullish trendline downwards

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

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

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.

And also a ‘Two Crows’ candlestick pattern is discovered. The chart shows ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000135250
2nd High 0.000134120
Next High 0.000134050
Current Price 0.000129340
Next Low
2nd Low
3rd Low

0.000134050 – 0.000130920 – 0.000134120 – 0.000127880 – 0.000121940 – 0.000119830 — 49.103364267495 – 47.982446575817

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