FLOKI/USDT – 30M – SELLThe pair Floki/Tether (FLOKI/USDT) moves from the bullish trendline down.
A bearish descent downwards to the next support at 0.000238610 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000247000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bearish Engulfing’ candle pattern is found. The chart shows ‘Bearish Engulfing’. 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 ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000249580 |
| 2nd High | 0.000247770 |
| Next High | 0.000247000 |
| Current Price | 0.000237860 |
| Next Low | 0.000238610 |
| 2nd Low | 0.000235450 |
| 3rd Low | 0.000232940 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing