The combination Floki/Tether (FLOKI/USDT) moves from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.000119830 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.000134050 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Additionally a ‘RSI cross above 70’ indicator signal is detected. The indicator shows ‘RSI cross above 70’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000157770 |
| 2nd High | 0.000134120 |
| Next High | 0.000134050 |
| Current Price | 0.000129380 |
| Next Low | 0.000119830 |
| 2nd Low | 0.000119110 |
| 3rd Low | 0.000092560 |
0.000134050 – 0.000130920 – 0.000134120 – 0.000119830 – 0.000119110 – 0.000137800 — 52.359385559632 – 48.408425049041
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – – Double bottom retreat down –