Sell FLOKI/USDT – 30M – SELL

The currency pair Floki/Tether (FLOKI/USDT) moves from the bullish trendline downwards

A descending movement downwards to the next support line at 0.000192680 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000202000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Last Engulfing Bottom:’ candlestick pattern is existing. The chart forms ‘Last Engulfing Bottom:’. this 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 ‘Last Engulfing Bottom:’ going down is 65% (Bull Market) & 67% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000204500
2nd High 0.000203280
Next High 0.000202000
Current Price 0.000199080
Next Low 0.000192680
2nd Low 0.000180280
3rd Low 0.000173480

Download FLOKI/USDT Signal Image

Trading Signals:

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