FLOKI/USDT – 30M – SELLThe currency pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline down.
A bearish movement down to the next support level at 0.000214280 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000232500 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish Engulfing’ candle pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000249340 |
| 2nd High | 0.000248100 |
| Next High | 0.000232500 |
| Current Price | 0.000257730 |
| Next Low | 0.000214280 |
| 2nd Low | 0.000203590 |
| 3rd Low | 0.000187030 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing