Sell FLOKI/USDT – 1H – SELL

Additionally a ‘Double top chart pattern’ chart pattern is detected. The formation shows ‘Double top chart pattern’. this is a bearish pattern signal. The pair is likely to go down.

The combination Floki/Tether (FLOKI/USDT) goes from the bearish trendline downwards

A continuation of the downtrend down to the next support level at will continue.

Caution: A possible change in the direction of resistance at 0.000071950 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 0.000074770
2nd High 0.000073450
Next High 0.000071950
Current Price 0.000069980
Next Low
2nd Low
3rd Low

0.000071950 – 0.000073450 – 0.000074770 – 0.000067980 – 0.000059230 – 0.000064560

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