FLOKI/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at 0.000101230 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.000107000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.

Next a ‘StochRSI fall below 80’ indicator signal is existing. The indicator is ‘StochRSI fall below 80’. this is usually a bearish signal. The pair is likely to go down.

Next a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Next a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.000107000 – 0.000109790 – 0.000113320 – 0.000101230 – 0.000101310 – 0.000105310 — 54.645020640875 – 52.280775397007

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – – –