FLOKI/USDT – 1H – SELL

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

The pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline downwards

A descending movement downwards to the next support at 0.000095310 is likely expected.

Caution: A possible change in the direction of resistance at 0.000099450 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Next a ‘Matching Low’ candle pattern is existing. The candles show ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.000099450 – 0.000099080 – 0.000108570 – 0.000095310 – 0.000093480 – 0.000092130 — 54.564329443084 – 53.836177302541

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –