FLOKI/USDT – 30M – SELLIn addition a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The pair is likely to go down.
The combination Floki/Tether (FLOKI/USDT) moves from the bullish trendline downwards
A bearish descent down to the next support line at 0.000129710 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.000144630 could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘Three Inside Down’ candlestick pattern is existing. The chart shows ‘Three Inside Down’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000148160 |
| Next High | 0.000144630 |
| Current Price | 0.000137180 |
| Next Low | 0.000129710 |
| 2nd Low | 0.000128310 |
| 3rd Low | 0.000124720 |
0.000144630 – 0.000148160 – 0.000137850 – 0.000129710 – 0.000128310 – 0.000124720
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three Inside Down – Symmetrical Triangle Chart Pattern