FLOKI/USDT – 30M – SELLThe pair Floki/Tether (FLOKI/USDT) goes from the ascending trendline downwards
A bearish movement down to the next support line at 0.000245870 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.000290000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Bearish Engulfing’ candlestick chart pattern is found. The candles show ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000290000 |
| Current Price | 0.000273590 |
| Next Low | 0.000245870 |
| 2nd Low | 0.000232610 |
| 3rd Low | 0.000224760 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing