FLOKI/USDT – 1H – SELL

Also there is a ‘Double top chart pattern’ chart layout is discovered. The chart picture forms ‘Double top chart pattern’. which is a bearish pattern signal. The pair is likely to go down.

The pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline down.

A bearish descent down to the next support at 0.000097080 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000104550 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.

Also there is a ‘Last Engulfing Top’ candle chart pattern is detected. The candles show ‘Last Engulfing Top’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

0.000104550 – 0.000103670 – 0.000104970 – 0.000097080 – 0.000097130 – 0.000100160 — 48.672368048628 – 44.420005900655

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Last Engulfing Top – Double top chart pattern – –