FLOKI/USDT – 30M – SELLAnd also a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.
The currency pair Floki/Tether (FLOKI/USDT) moves from the bullish trendline downwards
A descending movement down to the next support line at 0.000124720 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.000145900 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Last Engulfing Top’ candle pattern is discovered. The candles form ‘Last Engulfing Top’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000145900 |
| Current Price | 0.000130960 |
| Next Low | 0.000124720 |
| 2nd Low | 0.000123000 |
| 3rd Low | 0.000093290 |
0.000145900 – 0.000137960 – 0.000140000 – 0.000124720 – 0.000127810 – 0.000123000
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Last Engulfing Top – Rising Wedge Chart Pattern