FLOKI/USDT – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.00022538188 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.000284080 could occur.
Consider stop-loss settings accordingly.
And also a ‘Bearish Engulfing’ candle pattern is detected. The candles show ‘Bearish Engulfing’. which is a negative pattern signal. The currency pair is likely to fall. 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 | 0.000290000 |
| Next High | 0.000284080 |
| Current Price | 0.000239910 |
| Next Low | 0.000207250 |
| 2nd Low | 0.000203510 |
| 3rd Low | 0.000138620 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing