FLOKI/USDT – 4H – SELLThe pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline down.
A descent down to the next support line at 0.000114660 will persist.
Caution: A possible change in the direction of resistance at 0.000283000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Bearish Engulfing’ candle chart pattern is discovered. The candles show ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000283000 |
| Current Price | 0.000247200 |
| Next Low | 0.000114660 |
| 2nd Low | |
| 3rd Low |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing