FLOKI/USDT – 30M – SELL

Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

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

A continuation of the downward movement down to the next support line at 0.000129050 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000133750 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘RSI cross above 70’ indicator layout is existing. The indicator is ‘RSI cross above 70’. this is usually a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.000130965 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 0.000133750 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Two Crows’ candlestick pattern is detected. The chart shows ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. 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).

0.000133750 – 0.000132200 – 0.000134050 – 0.000129050 – 0.000129050 – 0.000128420 — 50.802844553419 – 47.240955251866

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