FLOKI/USDT – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

The pair Floki/Tether (FLOKI/USDT) moves from the bullish trendline down.

A bearish movement downwards to the next support line at 0.000124720 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000145900 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Two Crows’ candle pattern is detected. The candles show ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.000145900 – 0.000140000 – 0.000102890 – 0.000124720 – 0.000092560 – 0.000095150

Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Two Crows – Rising Wedge Chart Pattern