Sell FLOKI/USDT – 1H – SELL

The pair Floki/Tether (FLOKI/USDT) goes from the descending trendline down.

A continuation of the downward movement downwards to the next support level at is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000092770 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 0.000094530
2nd High 0.000093800
Next High 0.000092770
Current Price 0.000091640
Next Low
2nd Low
3rd Low

0.000092770 – 0.000093800 – 0.000092480 – 0.000089000 – 0.000088850 – 0.000087500 — 60.630608431875 – 59.656555495745

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