|sic! The name of this item/creature is spelled like this in the game despite possibly being wrong.|
Ingame-names are used canonically by this wiki, a redirect from the possibly more expected spelling can be created though.
correct spelling: Carolling Emote
Emotes are a way to communicate by an action, not directly saying something. For example, your character can nod his head yes instead of physically typing or saying "yes."
How to use an Emote
To display the Emote Wheel press and hold one of the emote keys and the wheel will pop up.