FLOKI/USDT – 30M – SELLThen a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.
The combination Floki/Tether (FLOKI/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support level at 0.000075050 will persist.
Caution: A possible change in the direction of the resistance zone at 0.000081630 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.
Then a ‘Three Black Crows’ candle pattern is detected. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000088600 |
| 2nd High | 0.000082010 |
| Next High | 0.000081630 |
| Current Price | 0.000075050 |
| Next Low | 0.000075050 |
| 2nd Low | 0.000072120 |
| 3rd Low | 0.000069800 |
0.000081630 – 0.000081490 – 0.000079900 – 0.000075050 – 0.000076120 – 0.000077620
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern