FLOKI/USDT – 30M – SELLThe currency pair Floki/Tether (FLOKI/USDT) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 0.000207250 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.000259000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bearish Engulfing’ chart pattern is detected. The candles show ‘Bearish Engulfing’. this 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 ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000290000 |
| 2nd High | 0.000284080 |
| Next High | 0.000259000 |
| Current Price | 0.000224990 |
| Next Low | 0.000207250 |
| 2nd Low | 0.000206840 |
| 3rd Low | 0.000203510 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing