Then a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The combination Floki/Tether (FLOKI/USDT) jumps from the ascending trendline down.
A bearish movement down to the next support level at 0.000093070 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000103520 should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.
Then a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000111380 |
| 2nd High | 0.000110970 |
| Next High | 0.000103520 |
| Current Price | 0.000094750 |
| Next Low | 0.000093070 |
| 2nd Low | 0.000087500 |
| 3rd Low | 0.000086130 |
0.000103520 – 0.000110970 – 0.000100040 – 0.000093070 – 0.000087500 – 0.000086130 — 42.090776312885 – 39.539669412663
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –