The currency pair Floki/Tether (FLOKI/USDT) moves from the bullish trendline downwards
A descending movement downwards to the next support line at 0.000192680 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000202000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Last Engulfing Bottom:’ candlestick pattern is existing. The chart forms ‘Last Engulfing Bottom:’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Bottom:’ going down is 65% (Bull Market) & 67% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000204500 |
2nd High | 0.000203280 |
Next High | 0.000202000 |
Current Price | 0.000199080 |
Next Low | 0.000192680 |
2nd Low | 0.000180280 |
3rd Low | 0.000173480 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Last Engulfing Bottom: