FLOKI/USDT – 1H – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

The combination Floki/Tether (FLOKI/USDT) moves from the descending trendline downwards

A continuation of the downtrend downwards to the next support level at 0.000134090 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 0.000145920 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Outside Down’ chart pattern is discovered. The candles form ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.000145920 – 0.000144250 – 0.000144630 – 0.000134090 – 0.000129710 – 0.000128310

Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern