Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.
The currency pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline downwards
A descending movement downwards to the next support line at 0.000129710 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.000144250 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000148160 |
| 2nd High | 0.000144630 |
| Next High | 0.000144250 |
| Current Price | 0.000138150 |
| Next Low | 0.000129710 |
| 2nd Low | 0.000128310 |
| 3rd Low | 0.000124720 |
0.000144250 – 0.000144630 – 0.000148160 – 0.000129710 – 0.000128310 – 0.000124720
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – – Symmetrical Triangle Chart Pattern