Sell FLOKI/USDT – 4H – SELL

In addition a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

The currency pair Floki/Tether (FLOKI/USDT) goes from the ascending trendline down.

A bearish descent downwards to the next support line at 0.000092560 will continue.

Caution: A possible change in the direction of the resistance level at 0.000134430 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.

In addition a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

In addition a ‘Southern Doji’ candlestick pattern is discovered. The candles show ‘Southern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 0.000157770
Next High 0.000134430
Current Price 0.000116980
Next Low 0.000092560
2nd Low 0.000072580
3rd Low 0.000069800

0.000134430 – 0.000157770 – 0.000148160 – 0.000119110 – 0.000092560 – 0.000072580 — 34.715960000315 – 34.4678342572

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