Sell FLOKI/USDT – 30M – SELL

The pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline downwards

The bearish trend down to the next support at 0.000215000 is considered certain.

Caution: A possible change in the direction of the resistance level at 0.000228730 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Evening Star’ candlestick pattern is discovered. The candles form ‘Evening Star’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Evening Star’ heading down is 72% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.000252940
2nd High 0.000244770
Next High 0.000228730
Current Price 0.000227630
Next Low 0.000215000
2nd Low 0.000206840
3rd Low 0.000203510

Download FLOKI/USDT Signal Image

Trading Signals:

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