Sell FLOKI/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.0002315724 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.000259000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Bearish Engulfing’ candlestick chart pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 0.000290000
2nd High 0.000284080
Next High 0.000259000
Current Price 0.000235890
Next Low 0.000223100
2nd Low 0.000207250
3rd Low 0.000206840

Download FLOKI/USDT Signal Image

Trading Signals:

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