FLOKI/USDT – 1H – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

The pair Floki/Tether (FLOKI/USDT) goes from the descending trendline down.

A continuation of the bearish trend downwards to the next support at 0.000100160 will persist.

Caution: A possible change in the direction of the resistance zone at 0.000104970 is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Next a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000104970 – 0.000110720 – 0.000108980 – 0.000100160 – 0.000100390 – 0.000102630 — 38.63183442782 – 36.031648043025

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –