Sell FLOKI/USDT – 1H – SELL

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:

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