Sell FLOKI/USDT – 4H – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish descent downwards to the next support line at 0.000106020 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000124070 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000157770
2nd High 0.000134430
Next High 0.000124070
Current Price 0.000105850
Next Low 0.000106020
2nd Low 0.000101230
3rd Low 0.000098460

0.000124070 – 0.000113320 – 0.000122000 – 0.000106020 – 0.000101230 – 0.000098460 — 40.134021676217 – 37.993368076678

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