FLOKI/USDT – 4H – SELLThe combination Floki/Tether (FLOKI/USDT) jumps from the ascending trendline downwards
A descending movement downwards to the next support level at 0.000158290 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000206880 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bearish Engulfing’ candlestick chart pattern is discovered. The chart forms ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000284080 |
| 2nd High | 0.000259000 |
| Next High | 0.000206880 |
| Current Price | 0.000164190 |
| Next Low | 0.000158290 |
| 2nd Low | |
| 3rd Low |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing