FLOKI/USDT – 30M – SELL

Also there is a ‘Double top chart pattern’ chart layout is existing. The chart picture shows ‘Double top chart pattern’. this is a bearish chart scenario. The pair is likely to go down.

The combination Floki/Tether (FLOKI/USDT) jumps from the ascending trendline downwards

A bearish trend down to the next support level at is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.000092770 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

Also there is a ‘Three Inside Down’ chart pattern is detected. The candles show ‘Three Inside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.000092770 – 0.000089940 – 0.000093800 – 0.000087500 – 0.000090610 – 0.000087540 — 48.219546620201 – 46.824735716056

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Inside Down – Double top chart pattern – –