FLOKI/USDT – 30M – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

The combination Floki/Tether (FLOKI/USDT) moves from the bullish trendline downwards

A bearish trend down to the next support at 0.000093470 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.000096180 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair could go down.

In addition a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 9.342E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.000096180 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Outside Down’ candle chart pattern is existing. The candles form ‘Three Outside Down’. 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 likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.000096180 – 0.000095050 – 0.000095520 – 0.000093470 – 0.000093070 – 0.000090550 — 50.638611590198 – 44.667071059413

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