Sell FLOKI/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.00016041 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.000180540 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Bearish Engulfing’ candlestick chart pattern is found. The candles show ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 0.000241900
2nd High 0.000232820
Next High 0.000180540
Current Price 0.000175150
Next Low 0.000165220
2nd Low 0.000163020
3rd Low 0.000160410

Download FLOKI/USDT Signal Image

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