Sell FLOKI/USDT – 1H – SELL

The combination Floki/Tether (FLOKI/USDT) moves from the ascending trendline down.

A bearish movement downwards to the next support level at 0.000091410 will persist.

Caution: A possible change in the direction of the resistance zone at 0.000102890 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Then a ‘Two Crows’ candle chart pattern is detected. The candles show ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000107750
2nd High 0.000104710
Next High 0.000102890
Current Price 0.000094570
Next Low 0.000091410
2nd Low 0.000080050
3rd Low 0.000072580

0.000102890 – 0.000097750 – 0.000104710 – 0.000095150 – 0.000095030 – 0.000091410

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