FLOKI/USDT – 1H – SELLThe pair Floki/Tether (FLOKI/USDT) goes from the bullish trendline downwards
A bearish descent down to the next support line at 0.000251760 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000280000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bearish Engulfing’ candle chart pattern is discovered. The candles show ‘Bearish Engulfing’. which is a negative pattern signal. The currency 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 | |
| 2nd High | 0.000283000 |
| Next High | 0.000280000 |
| Current Price | 0.000254590 |
| Next Low | 0.000251760 |
| 2nd Low | 0.000232550 |
| 3rd Low | 0.000203590 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing