FLOKI/USDT – 30M – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

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

A continuation of the downtrend downwards to the next support at 0.000129050 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.000132200 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.00012803 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.000132200 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

0.000132200 – 0.000134050 – 0.000130920 – 0.000129050 – 0.000128420 – 0.000127880 — 50.138552385246 – 45.129553238525

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