Sell FLOKI/USDT – 1H – SELL

Furthermore a ‘Triple top chart pattern’ chart formation is detected. The chart picture forms ‘Triple top chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

A continuation of the downward movement downwards to the next support level at 0.000092560 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 0.000124710 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘RSI cross above 30’ indicator layout is discovered. The indicator shows ‘RSI cross above 30’. this is usually a bullish signal. The currency pair could go up.

Furthermore a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000157770
2nd High 0.000134430
Next High 0.000124710
Current Price 0.000109550
Next Low 0.000092560
2nd Low 0.000091410
3rd Low 0.000080050

0.000124710 – 0.000134430 – 0.000132200 – 0.000128610 – 0.000127880 – 0.000119830 — 24.021344309214 – 29.626524304999

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