FLOKI/USDT – 1H – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

The combination Floki/Tether (FLOKI/USDT) jumps from the descending trendline down.

A continuation of the bearish trend downwards to the next support line at 0.000129710 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000144250 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. 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).

0.000144250 – 0.000144630 – 0.000148160 – 0.000129710 – 0.000128310 – 0.000124720

Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern