FLOKI/USDT – 30M – SELL

Additionally a ‘Double top chart pattern’ chart layout is existing. The chart picture forms ‘Double top chart pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

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

A continuation of the downtrend down to the next support level at 0.000099380 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.000103150 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000103150 – 0.000102990 – 0.000099150 – 0.000099380 – 0.000094670 – 0.000095990 — 42.647732316516 – 35.876846430935

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double top chart pattern – –