Moreover a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.
The combination Floki/Tether (FLOKI/USDT) jumps from the ascending trendline downwards
A bearish descent downwards to the next support line at 0.000096000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.000099420 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000105410 |
| 2nd High | 0.000099450 |
| Next High | 0.000099420 |
| Current Price | 0.000096220 |
| Next Low | 0.000096000 |
| 2nd Low | 0.000095310 |
| 3rd Low | 0.000093480 |
0.000099420 – 0.000099450 – 0.000099170 – 0.000096000 – 0.000097250 – 0.000095310 — 39.559932759467 – 37.110270428066
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –