FLOKI/USDT – 1H – SELL

Besides a ‘Double top chart pattern’ chart pattern is found. The chart shows ‘Double top chart pattern’. which is a negative signal. The pair is likely to go down.

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

The bearish trend down to the next support at 0.000127880 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000132200 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.

Besides a ‘RSI fall below 70’ indicator layout is found. The indicator shows ‘RSI fall below 70’. this is usually a bearish signal. The pair is likely to go down.

Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

0.000132200 – 0.000134050 – 0.000130920 – 0.000127880 – 0.000119830 – 0.000119110 — 52.897748479149 – 46.610400905512

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