Sell FLOKI/USDT – 30M – SELL

The currency pair Floki/Tether (FLOKI/USDT) moves from the bearish trendline downwards

A continuation of the bearish trend down to the next support line at 0.000162330 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.000206880 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘Bearish Harami’ candle chart pattern is found. The chart forms ‘Bearish Harami’. 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 likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000241900
2nd High 0.000232820
Next High 0.000206880
Current Price 0.000165570
Next Low 0.000162330
2nd Low 0.000160410
3rd Low

Download FLOKI/USDT Signal Image

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