FLOKI/USDT – 1H – SELLThe currency pair Floki/Tether (FLOKI/USDT) goes from the bullish trendline down.
A bearish descent downwards to the next support at 0.000168520 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.000184870 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Bearish Engulfing’ candle chart pattern is found. The candles show ‘Bearish Engulfing’. which is a negative chart scenario. 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 | 0.000241900 |
| 2nd High | 0.000232820 |
| Next High | 0.000184870 |
| Current Price | 0.000174790 |
| Next Low | 0.000168520 |
| 2nd Low | 0.000165220 |
| 3rd Low | 0.000163020 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing