FLOKI/USDT – 1H – SELL

And also a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

The pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline down.

A descent down to the next support at 0.000100390 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.000110720 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Southern Doji’ candlestick pattern is existing. The chart shows ‘Southern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

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 – –