Sell FLOKI/USDT – 4H – SELL

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘StochOSC Hidden Bearish Divergence’ indicator layout is discovered. The indicator shows ‘StochOSC Hidden Bearish Divergence’. which is often a bearish chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 2.214E-5 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support line at 3.0E-5 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Two Crows’ candle chart pattern is discovered. The candles show ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 6.0E-5
2nd High 4.0E-5
Next High 3.0E-5
Current Price 0.000024800
Next Low
2nd Low
3rd Low

3.0E-5 – 3.0E-5 – 3.0E-5 – 2.0E-5 – 2.0E-5 – 3.0E-5 —
0.000024850 – 0.000025270 —
51.85865532229 – 56.017182541375 —
– —
3.0E-5 – 1780819200

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