FLOKI/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support at 0.000101300 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000110420 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.

There is also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.00010308 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000110420 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

0.000107270 – 0.000110420 – 0.000111380 – 0.000101300 – 0.000105170 – 0.000105650 — 51.137865136607 – 48.444456635667

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – – Rising Wedge Chart Pattern – –