FLOKI/USDT – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.00022414 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 0.000234830 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bearish Engulfing’ candle chart pattern is found. The chart shows ‘Bearish Engulfing’. this is a bearish chart scenario. The 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 | 0.000244770 |
| 2nd High | 0.000238070 |
| Next High | 0.000234830 |
| Current Price | 0.000223710 |
| 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