Sell FLOKI/USDT – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

The currency pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline downwards

A bearish movement downwards to the next support level at is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000110970 should always be considered.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 0.000123150
2nd High 0.000111380
Next High 0.000110970
Current Price 0.000105930
Next Low
2nd Low
3rd Low

0.000110970 – 0.000108620 – 0.000105430 – 0.000105000 – 0.000098330 – 0.000095610 — 44.855838561097 – 41.862494655452

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