There is also a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.
The combination Floki/Tether (FLOKI/USDT) jumps from the ascending trendline down.
A descending movement down to the next support at 0.000127880 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.000134050 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.
There is also a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000157770 |
| 2nd High | 0.000134120 |
| Next High | 0.000134050 |
| Current Price | 0.000129860 |
| Next Low | 0.000127880 |
| 2nd Low | 0.000119830 |
| 3rd Low | 0.000119110 |
0.000134050 – 0.000130920 – 0.000134120 – 0.000127880 – 0.000119830 – 0.000119110 — 50.941507585598 – 48.567779836578
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –