FLOKI/USDT – 1H – SELLThe combination Floki/Tether (FLOKI/USDT) goes from the bullish trendline down.
A descent downwards to the next support level at 0.000251760 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.000280000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Bearish Engulfing’ candlestick chart pattern is existing. The chart shows ‘Bearish Engulfing’. which is a negative pattern signal. 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 | |
| 2nd High | 0.000283000 |
| Next High | 0.000280000 |
| Current Price | 0.000260000 |
| Next Low | 0.000251760 |
| 2nd Low | 0.000232550 |
| 3rd Low | 0.000203590 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing