FLOKI/USDT – 1H – SELL

The currency pair Floki/Tether (FLOKI/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support line at will continue.

Caution: A possible change in the direction of the resistance line at 0.000092770 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair could go down.

There is also a ‘Tweezers Top’ candle chart pattern is existing. The candles show ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.000092770 – 0.000093800 – 0.000092480 – 0.000089000 – 0.000088850 – 0.000087500 — 62.491754633744 – 54.7314192727

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Tweezers Top – – –