In addition a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The pair is likely to go down.
The combination Floki/Tether (FLOKI/USDT) jumps from the bullish trendline down.
A bearish movement downwards to the next support at 0.000095610 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000098590 could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘Collapsing Doji Star’ candle chart pattern is discovered. The candles show ‘Collapsing Doji Star’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000103520 |
| 2nd High | 0.000098950 |
| Next High | 0.000098590 |
| Current Price | 0.000096500 |
| Next Low | 0.000095610 |
| 2nd Low | 0.000095460 |
| 3rd Low | 0.000095000 |
0.000098590 – 0.000098950 – 0.000097330 – 0.000095610 – 0.000095460 – 0.000095000 — 47.334652230593 – 44.714169961015
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Collapsing Doji Star – Symmetrical Triangle Chart Pattern – –