FLOKI/USDT – 1H – SELLThe currency pair Floki/Tether (FLOKI/USDT) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 0.000228630 will continue.
Caution: A possible change in the direction of resistance at 0.000247000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Bearish Engulfing’ candlestick chart pattern is detected. The chart shows ‘Bearish Engulfing’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000254250 |
| 2nd High | 0.000247770 |
| Next High | 0.000247000 |
| Current Price | 0.000226680 |
| Next Low | 0.000228630 |
| 2nd Low | 0.000207250 |
| 3rd Low | 0.000203510 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing