FLOKI/USDT – 1H – SELL

Then a ‘Double top chart pattern’ chart layout is discovered. The chart shows ‘Double top chart pattern’. this is a bearish chart scenario. The pair is likely to go down.

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

A continuation of the downtrend downwards to the next support at 0.000127880 will persist.

Caution: A possible change in the direction of the resistance level at 0.000132200 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The pair is likely to go down.

Then a ‘RSI fall below 70’ indicator signal is detected. The indicator is ‘RSI fall below 70’. which could be a negative signal. The pair is likely to go down.

Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

0.000132200 – 0.000134050 – 0.000130920 – 0.000127880 – 0.000119830 – 0.000119110 — 53.37132126812 – 47.699957701831

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