FLOKI/USDT – 30M – SELLThe pair Floki/Tether (FLOKI/USDT) goes from the bearish trendline down.
A continuation of the downtrend down to the next support level at 0.000243210 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.000265780 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart forms ‘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 likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000290000 |
| 2nd High | 0.000269280 |
| Next High | 0.000265780 |
| Current Price | 0.000255010 |
| Next Low | 0.000243210 |
| 2nd Low | 0.000225420 |
| 3rd Low | 0.000214280 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing