And also a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.
The currency pair Floki/Tether (FLOKI/USDT) goes from the bullish trendline downwards
A descent downwards to the next support at 0.000129050 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000132200 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three Outside Down’ candle chart pattern is detected. The chart shows ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000134120 |
| 2nd High | 0.000134050 |
| Next High | 0.000132200 |
| Current Price | 0.000129620 |
| Next Low | 0.000129050 |
| 2nd Low | 0.000128420 |
| 3rd Low | 0.000127880 |
0.000132200 – 0.000134050 – 0.000130920 – 0.000129050 – 0.000128420 – 0.000127880 — 43.903605207619 – 42.863987073785
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern –