FLOKI/USDT – 30M – SELLFurthermore a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The combination Floki/Tether (FLOKI/USDT) moves from the bullish trendline down.
A descending movement downwards to the next support at 0.000128420 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000134050 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
Furthermore a ‘Two Crows’ candlestick pattern is found. The candles form ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000135250 |
| 2nd High | 0.000134120 |
| Next High | 0.000134050 |
| Current Price | 0.000129720 |
| Next Low | 0.000128420 |
| 2nd Low | 0.000127880 |
| 3rd Low | 0.000121940 |
0.000134050 – 0.000130920 – 0.000134120 – 0.000128420 – 0.000127880 – 0.000121940 — 49.383406461174 – 44.902572807667
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – Rising Wedge Chart Pattern –