FLOKI/USDT – 1H – SELLThe pair Floki/Tether (FLOKI/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.000207250 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000234830 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bearish Engulfing’ candlestick pattern is detected. The candles form ‘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 success rate of a ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000244770 |
| 2nd High | 0.000238070 |
| Next High | 0.000234830 |
| Current Price | 0.000230010 |
| Next Low | 0.000207250 |
| 2nd Low | 0.000203510 |
| 3rd Low | 0.000138620 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing