FLOKI/USDT – 30M – SELLThe pair Floki/Tether (FLOKI/USDT) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support at 0.000170290 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.000184870 could occur.
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 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’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000241900 |
| 2nd High | 0.000232820 |
| Next High | 0.000184870 |
| Current Price | 0.000175740 |
| Next Low | 0.000170290 |
| 2nd Low | 0.000168520 |
| 3rd Low | 0.000165220 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing