FLOKI/USDT – 30M – SELL

Also there is a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The pair is likely to go down.

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

A continuation of the downward movement downwards to the next support level at 0.000095380 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.000098390 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 9.56852E-5 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 0.000098390 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Outside Down’ candle pattern is existing. The candles form ‘Three Outside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.000098390 – 0.000098820 – 0.000100040 – 0.000095380 – 0.000095630 – 0.000094340 — 44.148017727354 – 40.893589641319

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –