FLOKI/USDT – 30M – SELL

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

A descending movement down to the next support at 0.000102810 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.000123150 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

In addition a ‘Three Outside Down’ chart pattern is found. The candles form ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000123150 – 0.000119200 – 0.000119680 – 0.000115770 – 0.000106020 – 0.000116790 — 26.521286360867 – 24.873928540109

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Outside Down – – –