Sell FLOKI/USDT – 30M – SELL

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

A descent down to the next support at 0.000057300 will persist.

Caution: A possible counter-trend in the direction of resistance at 7.0E-5 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘%K crosses below %D’ indicator layout is existing. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The pair is likely to go down.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

Also there is a ‘Two Crows’ candlestick pattern is existing. The candles show ‘Two Crows’. 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 success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 9.0E-5
2nd High 8.0E-5
Next High 7.0E-5
Current Price 0.000059530
Next Low 0.000057300
2nd Low 4.0E-5
3rd Low

6.0E-5 – 4.0E-5 – 4.0E-5 – 0.000057300 – 6.0E-5 – 6.0E-5 — 60.195726754292 – 57.213916217985 — 85.069559762353 – 64.646296911325 – 82.804736861512 – 80.657787610574

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