Additionally a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The pair Floki/Tether (FLOKI/USDT) goes from the ascending trendline downwards
A descent downwards to the next support at will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.000098590 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 9.5E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.000098590 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Southern Doji’ candlestick pattern is existing. The candles form ‘Southern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000103520 |
| 2nd High | 0.000098950 |
| Next High | 0.000098590 |
| Current Price | 0.000096280 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000098590 – 0.000098950 – 0.000097330 – 0.000095610 – 0.000095460 – 0.000095000 — 42.711281794359 – 42.29444795819
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Southern Doji – Symmetrical Triangle Chart Pattern – –