FLOKI/USDT – 30M – SELLThe currency pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline down.
A descent downwards to the next support line at 0.000216370 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.000233590 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Bearish Engulfing’ candlestick chart pattern is discovered. The chart shows ‘Bearish Engulfing’. this is a bearish signal. The pair is likely to go down. 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 | 0.000252940 |
| 2nd High | 0.000244770 |
| Next High | 0.000233590 |
| Current Price | 0.000226400 |
| Next Low | 0.000216370 |
| 2nd Low | 0.000215000 |
| 3rd Low | 0.000206840 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing