Then a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.
The combination Floki/Tether (FLOKI/USDT) goes from the descending trendline down.
A continuation of the downward movement downwards to the next support level at is considered certain.
Caution: A possible change in the direction of the resistance line at 0.000092770 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The pair is likely to go down.
Then a ‘Two Crows’ candle pattern is detected. The candles form ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000094530 |
| 2nd High | 0.000093800 |
| Next High | 0.000092770 |
| Current Price | 0.000090780 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000092770 – 0.000093800 – 0.000092480 – 0.000089000 – 0.000088850 – 0.000087500 — 54.830657833552 – 54.226398806914
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –