FLOKI/USDT – 1H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

The combination Floki/Tether (FLOKI/USDT) moves from the descending trendline downwards

A continuation of the bearish trend down to the next support at 0.000095000 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 0.000098590 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 9.307E-5 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support zone at 0.000098590 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Southern Doji’ candlestick chart pattern is detected. The candles form ‘Southern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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).

0.000098590 – 0.000098950 – 0.000103520 – 0.000095000 – 0.000094670 – 0.000093650 — 37.176776029536 – 37.109800493067

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