Sell FLOKI/USDT – 1H – SELL

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

The bearish trend downwards to the next support at will continue.

Caution: A possible change in the direction of resistance at 0.000110970 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.

There is also a ‘Two Crows’ candlestick pattern is found. The candles show ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000123150
2nd High 0.000111380
Next High 0.000110970
Current Price 0.000104310
Next Low
2nd Low
3rd Low

0.000110970 – 0.000102760 – 0.000098820 – 0.000098330 – 0.000095610 – 0.000095380 — 40.854832333625 – 39.613053743818

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