Next a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.
The currency pair Floki/Tether (FLOKI/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.000093650 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.000098590 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000103520 |
| 2nd High | 0.000098950 |
| Next High | 0.000098590 |
| Current Price | 0.000092010 |
| Next Low | 0.000093650 |
| 2nd Low | 0.000093070 |
| 3rd Low | 0.000090170 |
0.000098590 – 0.000098950 – 0.000103520 – 0.000095000 – 0.000094670 – 0.000093650 — 32.903878250945 – 22.733693318018
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – – Symmetrical Triangle Chart Pattern – –