Next a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.
The combination Floki/Tether (FLOKI/USDT) jumps from the bullish trendline downwards
The bearish trend downwards to the next support line at 0.000092020 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000098390 should always be considered.
Consider stop-loss settings accordingly.
Next a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000117920 |
| 2nd High | 0.000107750 |
| Next High | 0.000098390 |
| Current Price | 0.000092310 |
| Next Low | 0.000092020 |
| 2nd Low | 0.000087980 |
| 3rd Low | 0.000081700 |
0.000098390 – 0.000097330 – 0.000094990 – 0.000092020 – 0.000092980 – 0.000087980
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT –