Then a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The pair Floki/Tether (FLOKI/USDT) moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.000092770 could happen.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair is likely to fall.
Then a ‘Two Crows’ candle pattern is discovered. The chart forms ‘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 probability of ‘Two Crows’ going 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 – –