There is also a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline down.
A descending movement down to the next support line at 0.000138670 will continue.
Caution: A possible change in the direction of the resistance line at 0.000157770 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘RSI fall below 30’ indicator layout is existing. The indicator shows ‘RSI fall below 30’. this is usually a bearish chart scenario. The currency pair is likely to fall.
There is also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000157770 |
| Current Price | 0.000140800 |
| Next Low | 0.000138670 |
| 2nd Low | 0.000137800 |
| 3rd Low | 0.000135820 |
0.000157770 – 0.000155120 – 0.000143420 – 0.000138670 – 0.000137800 – 0.000135820
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – – Rising Wedge Chart Pattern –