FLOKI/USDT – 30M – SELLThe combination Floki/Tether (FLOKI/USDT) goes from the descending trendline down.
A continuation of the downtrend down to the next support line at 0.000215000 will persist.
Caution: A possible change in the direction of resistance at 0.000233590 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Bearish Engulfing’ candle pattern is discovered. The chart shows ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000252940 |
| 2nd High | 0.000244770 |
| Next High | 0.000233590 |
| Current Price | 0.000219200 |
| Next Low | 0.000215000 |
| 2nd Low | 0.000206840 |
| 3rd Low | 0.000203510 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing