FLOKI/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 0.000102630 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.000108980 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Next a ‘Matching Low’ chart pattern is detected. The chart shows ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.000108980 – 0.000123150 – 0.000119200 – 0.000102630 – 0.000115770 – 0.000106020 — 38.245900496508 – 38.014031876777

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Matching Low – – –