FLOKI/USDT – 1H – SELLIn addition a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The combination Floki/Tether (FLOKI/USDT) moves from the ascending trendline down.
A bearish trend downwards to the next support line at 0.000128310 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000148160 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
In addition a ‘Matching Low’ candle chart pattern is found. The candles form ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000148160 |
| Current Price | 0.000135570 |
| Next Low | 0.000128310 |
| 2nd Low | 0.000124720 |
| 3rd Low | 0.000092560 |
0.000148160 – 0.000145900 – 0.000140000 – 0.000128310 – 0.000124720 – 0.000092560
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Matching Low – Rising Wedge Chart Pattern