And also a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
The pair Floki/Tether (FLOKI/USDT) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.000095000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000098590 is within the realm of possibility.
Consider stop-loss settings accordingly.
And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.
And also a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. which is a bearish 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’ going 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 – –