Additionally a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart picture 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 bullish trendline down.
The bearish trend down to the next support line at will persist.
Caution: A possible counter-trend in the direction of resistance at 0.000133790 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000134120 |
| 2nd High | 0.000134050 |
| Next High | 0.000133790 |
| Current Price | 0.000130980 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000133790 – 0.000133750 – 0.000132200 – 0.000128610 – 0.000129050 – 0.000129050 — 47.949740404698 – 47.129480819629
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – – Rising Wedge Chart Pattern –