FLOKI/USDT – 30M – SELL

The combination Floki/Tether (FLOKI/USDT) goes from the bearish trendline downwards

A continuation of the downtrend downwards to the next support level at is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000028310 could happen.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

Furthermore a ‘Matching Low’ candle chart pattern is existing. The candles show ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.000028310 – 3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 —
0.000028310 – 0.000027900 —
64.833610896378 – 56.359606024094 —
0.000028310 – 1772308800 —
– 1772308800

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Matching Low – – –