FLOKI/USDT – 1H – SELLBesides a ‘Double top chart pattern’ chart pattern is found. The formation shows ‘Double top chart pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
The pair Floki/Tether (FLOKI/USDT) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support level at is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000071950 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000074770 |
| 2nd High | 0.000073450 |
| Next High | 0.000071950 |
| Current Price | 0.000069980 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000071950 – 0.000073450 – 0.000074770 – 0.000067980 – 0.000059230 – 0.000064560
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – – Double top chart pattern