FLOKI/USDT – 30M – SELLThe pair Floki/Tether (FLOKI/USDT) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 0.000239070 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.000254250 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Bearish Engulfing’ candlestick pattern is found. The candles show ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000280000 |
| 2nd High | 0.000270220 |
| Next High | 0.000254250 |
| Current Price | 0.000246200 |
| Next Low | 0.000239070 |
| 2nd Low | 0.000234250 |
| 3rd Low | 0.000232550 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing