Then a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.
The combination Floki/Tether (FLOKI/USDT) goes from the ascending trendline downwards
A descending movement down to the next support level at 0.000106020 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000124070 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair could go down.
Then a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
Then a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000157770 |
| 2nd High | 0.000134430 |
| Next High | 0.000124070 |
| Current Price | 0.000106510 |
| Next Low | 0.000106020 |
| 2nd Low | 0.000101230 |
| 3rd Low | 0.000098460 |
0.000124070 – 0.000113320 – 0.000122000 – 0.000106020 – 0.000101230 – 0.000098460 — 38.49941769251 – 36.634955718578
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –