FLOKI/USDT – 1H – SELLThe pair Floki/Tether (FLOKI/USDT) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support at 0.000203590 is certain.
Caution: A possible change in the direction of the resistance zone at 0.000244770 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish Engulfing’ candle chart pattern is detected. The chart forms ‘Bearish Engulfing’. which is a negative pattern signal. The pair is likely to go down. 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 | 0.000290000 |
| 2nd High | 0.000265990 |
| Next High | 0.000244770 |
| Current Price | 0.000210590 |
| Next Low | 0.000203590 |
| 2nd Low | 0.000138620 |
| 3rd Low | 0.000114660 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing