FLOKI/USDT – 4H – SELLThe pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline down.
The bearish trend down to the next support at 0.000114660 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000283000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish Engulfing’ candle chart pattern is found. The chart shows ‘Bearish Engulfing’. which is a bearish pattern 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 | |
| 2nd High | |
| Next High | 0.000283000 |
| Current Price | 0.000254420 |
| Next Low | 0.000114660 |
| 2nd Low | |
| 3rd Low |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing