FLOKI/USDT – 30M – SELLThe currency pair Floki/Tether (FLOKI/USDT) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 0.000243170 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.000263990 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bearish Engulfing’ chart pattern is found. The chart forms ‘Bearish Engulfing’. which is a bearish 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 | 0.000269280 |
| 2nd High | 0.000265780 |
| Next High | 0.000263990 |
| Current Price | 0.000261290 |
| Next Low | 0.000243170 |
| 2nd Low | 0.000225420 |
| 3rd Low | 0.000214280 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing