FLOKI/USDT – 1H – SELLThe pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline downwards
A bearish movement down to the next support level at 0.000241540 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 0.000265990 could happen.
Consider stop-loss settings accordingly.
Next a ‘Bearish Engulfing’ candle pattern is discovered. The candles form ‘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 chance of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000290000 |
| Next High | 0.000265990 |
| Current Price | 0.000241400 |
| Next Low | 0.000241540 |
| 2nd Low | 0.000225420 |
| 3rd Low | 0.000203590 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing