FLOKI/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 2.236E-5 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 3.0E-5 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish Engulfing’ candlestick chart pattern is found. The chart forms ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 5.0E-5 |
| 2nd High | 4.0E-5 |
| Next High | 3.0E-5 |
| Current Price | 0.000024860 |
| Next Low | 2.0E-5 |
| 2nd Low | |
| 3rd Low |
3.0E-5 – 3.0E-5 – 3.0E-5 – 2.0E-5 – 2.0E-5 – 2.0E-5 —
0.000025050 – 0.000024930 —
46.524862211339 – 49.391873175196 —
– —
3.0E-5 – 1781274600
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing – – –