FLOKI/USDT – 30M – SELL

And also a ‘Double top chart pattern’ chart layout is discovered. The chart picture forms ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to go down.

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

A continuation of the bearish trend downwards to the next support line at 0.000105900 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000120010 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘RSI fall below 30’ indicator signal is detected. The indicator shows ‘RSI fall below 30’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.0001059 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.000120010 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

0.000120010 – 0.000122000 – 0.000114560 – 0.000111860 – 0.000105900 – 0.000107500 — 39.223011007796 – 36.197030053511

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