FLOKI/USDT – 1H – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart formation is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

A descending movement down to the next support at 0.000093480 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.000099450 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Moreover a ‘On Neck’ candle chart pattern is discovered. The chart shows ‘On Neck’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘On Neck’ going down is 56% (Bull Market) & 58% (Bear Market).

0.000099450 – 0.000099080 – 0.000108570 – 0.000096000 – 0.000095310 – 0.000093480 — 34.757488774488 – 34.61495436371

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – On Neck – Rising Wedge Chart Pattern – –