Besides a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.
The pair Floki/Tether (FLOKI/USDT) goes from the descending trendline down.
A continuation of the downward movement down to the next support line at 0.000129050 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.000132200 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.00012803 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.000132200 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000134120 |
| 2nd High | 0.000134050 |
| Next High | 0.000132200 |
| Current Price | 0.000129970 |
| Next Low | 0.000129050 |
| 2nd Low | 0.000128420 |
| 3rd Low | 0.000127880 |
0.000132200 – 0.000134050 – 0.000130920 – 0.000129050 – 0.000128420 – 0.000127880 — 50.138552385246 – 45.129553238525
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – – Symmetrical Triangle Chart Pattern –