And also a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.
The currency pair Floki/Tether (FLOKI/USDT) goes from the bullish trendline downwards
A descending movement down to the next support line at 0.000093250 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.000097750 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
And also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000104710 |
| 2nd High | 0.000101930 |
| Next High | 0.000097750 |
| Current Price | 0.000092840 |
| Next Low | 0.000093250 |
| 2nd Low | 0.000080050 |
| 3rd Low | 0.000073130 |
0.000097750 – 0.000101930 – 0.000104710 – 0.000093250 – 0.000094250 – 0.000080050
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – – Symmetrical Triangle Chart Pattern