FLOKI/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support at 0.000127880 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.000132200 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘RSI fall below 70’ indicator layout is discovered. The indicator is ‘RSI fall below 70’. this is usually a bearish signal. The pair is likely to go down.

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

Besides a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000132200 – 0.000134050 – 0.000130920 – 0.000127880 – 0.000119830 – 0.000119110 — 62.734737825879 – 53.305314016789

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom retreat down –