Next a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.
The currency pair Floki/Tether (FLOKI/USDT) moves from the bullish trendline down.
A bearish movement down to the next support level at 0.000094780 will continue.
Caution: A possible trend reversal in the direction of resistance at 0.000111380 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
Next a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. 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 | 0.000124070 |
| 2nd High | 0.000123150 |
| Next High | 0.000111380 |
| Current Price | 0.000093060 |
| Next Low | 0.000094780 |
| 2nd Low | 0.000092560 |
| 3rd Low | 0.000072580 |
0.000111380 – 0.000110720 – 0.000123150 – 0.000094780 – 0.000097080 – 0.000100390 — 33.915434956511 – 30.927224055567
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –