FLOKI/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.

The currency pair Floki/Tether (FLOKI/USDT) goes from the bullish trendline down.

The bearish trend downwards to the next support line at 0.000124720 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.000145900 could occur.
Consider stop-loss settings accordingly.

There is also a ‘Two Crows’ candle chart pattern is found. The chart forms ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.000145900 – 0.000140000 – 0.000102890 – 0.000124720 – 0.000092560 – 0.000095150

Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Two Crows – Rising Wedge Chart Pattern