Sell FLOKI/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The combination Floki/Tether (FLOKI/USDT) jumps from the ascending trendline down.

A descending movement down to the next support at 0.000127880 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.000134050 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

There is also a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black 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 success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.000157770
2nd High 0.000134120
Next High 0.000134050
Current Price 0.000129860
Next Low 0.000127880
2nd Low 0.000119830
3rd Low 0.000119110

0.000134050 – 0.000130920 – 0.000134120 – 0.000127880 – 0.000119830 – 0.000119110 — 50.941507585598 – 48.567779836578

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