FLOKI/USDT – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 2.236E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 3.0E-5 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Bearish Engulfing’ candle chart pattern is discovered. The candles show ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 | 0.000024800 |
| 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 —
0.000025210 – 0.000024850 —
51.835416529864 – 48.995707543134 —
– —
3.0E-5 – 1781272800
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –