And also a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.
The combination Floki/Tether (FLOKI/USDT) jumps from the bullish trendline downwards
A bearish trend down to the next support at will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.000134050 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.
And also a ‘Two Crows’ candlestick pattern is discovered. The chart shows ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000135250 |
| 2nd High | 0.000134120 |
| Next High | 0.000134050 |
| Current Price | 0.000129340 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000134050 – 0.000130920 – 0.000134120 – 0.000127880 – 0.000121940 – 0.000119830 — 49.103364267495 – 47.982446575817
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Two Crows – Rising Wedge Chart Pattern –