FLOKI/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 0.000098460 is likely expected.

Caution: A possible change in the direction of resistance at 0.000109790 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.00010164004 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.000109790 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Two Crows’ candlestick pattern is found. 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 probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.000109790 – 0.000113320 – 0.000112260 – 0.000105310 – 0.000109360 – 0.000106290 — 44.022362594519 – 43.531276754254

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – – –