Additionally a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.
The currency pair Floki/Tether (FLOKI/USDT) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 0.000095000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000098590 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
Additionally a ‘Three Black Crows’ candlestick chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000103520 |
| 2nd High | 0.000098950 |
| Next High | 0.000098590 |
| Current Price | 0.000095050 |
| Next Low | 0.000095000 |
| 2nd Low | 0.000094670 |
| 3rd Low | 0.000093650 |
0.000098590 – 0.000098950 – 0.000097330 – 0.000095610 – 0.000095460 – 0.000095000 — 34.340242298425 – 31.30593063176
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –