FLOKI/USDT – 1H – SELL

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

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

A continuation of the downtrend downwards to the next support at 0.000134090 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000145920 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Outside Down’ chart pattern is detected. The chart shows ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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