FLOKI/USDT – 30M – SELLIn addition a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.
The currency pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline down.
A bearish trend downwards to the next support line at 0.000095030 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000100870 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
In addition a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern 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 ‘Northern Doji’ going 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