FLOKI/USDT – 30M – SELLAdditionally a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.
The pair Floki/Tether (FLOKI/USDT) moves from the bullish trendline down.
A descending movement down to the next support line at 0.000095030 is expected.
Caution: A possible change in the direction of the resistance line at 0.000100870 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.
Additionally a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000104710 |
| 2nd High | 0.000101930 |
| Next High | 0.000100870 |
| Current Price | 0.000096700 |
| Next Low | 0.000095030 |
| 2nd Low | 0.000091410 |
| 3rd Low | 0.000080050 |
0.000100870 – 0.000098290 – 0.000097750 – 0.000095030 – 0.000091410 – 0.000093250
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern