Also there is a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.
The combination Floki/Tether (FLOKI/USDT) moves from the bullish trendline down.
A bearish movement down to the next support at 0.000075050 will persist.
Caution: A possible change in the direction of the resistance line at 0.000081630 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
Also there is a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000088600 |
| 2nd High | 0.000082010 |
| Next High | 0.000081630 |
| Current Price | 0.000075050 |
| Next Low | 0.000075050 |
| 2nd Low | 0.000072120 |
| 3rd Low | 0.000069800 |
0.000081630 – 0.000081490 – 0.000079900 – 0.000075050 – 0.000076120 – 0.000077620
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern