Sell FLOKI/USDT – 1H – SELL

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

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