FLOKI/USDT – 1H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

The currency pair Floki/Tether (FLOKI/USDT) goes from the descending trendline downwards

A continuation of the downward movement downwards to the next support at 0.000129710 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000144250 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency 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).

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