FLOKI/USDT – 30M – SELL

Also there is a ‘Double top chart pattern’ chart pattern is existing. The chart picture shows ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to fall.

The currency pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline down.

A descent down to the next support line at 0.000105900 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000120010 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘RSI fall below 30’ indicator layout is found. The indicator is ‘RSI fall below 30’. which could be a negative chart signal. The currency pair is likely to fall.

Also there is a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000120010 – 0.000122000 – 0.000114560 – 0.000111860 – 0.000105900 – 0.000107500 — 35.582516275777 – 33.121740488157

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double top chart pattern –