In addition a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.
The currency pair Floki/Tether (FLOKI/USDT) goes from the ascending trendline down.
A bearish descent downwards to the next support line at 0.000092560 will continue.
Caution: A possible change in the direction of the resistance level at 0.000134430 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.
In addition a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.
In addition a ‘Southern Doji’ candlestick pattern is discovered. The candles show ‘Southern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000157770 |
| Next High | 0.000134430 |
| Current Price | 0.000116980 |
| Next Low | 0.000092560 |
| 2nd Low | 0.000072580 |
| 3rd Low | 0.000069800 |
0.000134430 – 0.000157770 – 0.000148160 – 0.000119110 – 0.000092560 – 0.000072580 — 34.715960000315 – 34.4678342572
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Southern Doji – Symmetrical Triangle Chart Pattern –