FLOKI/USDT – 1H – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

The combination Floki/Tether (FLOKI/USDT) goes from the descending trendline downwards

A continuation of the bearish trend downwards to the next support level at 0.000129710 is expected.

Caution: A possible counter-trend in the direction of resistance at 0.000144630 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

0.000144630 – 0.000148160 – 0.000145900 – 0.000129710 – 0.000128310 – 0.000124720

Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – – Symmetrical Triangle Chart Pattern