FLOKI/USDT – 1H – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

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

A continuation of the downward movement downwards to the next support level at 0.000095000 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000098590 could happen.
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 will persist. Current target is 9.307E-5 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support line at 0.000098590 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Southern Doji’ candle pattern is discovered. The candles form ‘Southern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going 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 – –