FLOKI/USDT – 30M – SELLThe currency pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline downwards
A bearish descent downwards to the next support line at 0.000203590 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.000248100 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish Engulfing’ candlestick chart pattern is discovered. The candles show ‘Bearish Engulfing’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000249340 |
| Next High | 0.000248100 |
| Current Price | 0.000226620 |
| Next Low | 0.000203590 |
| 2nd Low | 0.000187030 |
| 3rd Low | 0.000175000 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT