Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.
The currency pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline down.
A descent down to the next support level at 0.000100390 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.000110720 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Southern Doji’ chart pattern is detected. The chart forms ‘Southern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000123200 |
| 2nd High | 0.000123150 |
| Next High | 0.000110720 |
| Current Price | 0.000102660 |
| Next Low | 0.000100390 |
| 2nd Low | 0.000098460 |
| 3rd Low | 0.000092560 |
0.000110720 – 0.000108980 – 0.000123150 – 0.000100390 – 0.000102630 – 0.000106020 — 31.814585126796 – 31.725129536808
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Southern Doji – Rising Wedge Chart Pattern – –