Sell FLOKI/USDT – 30M – SELL

The currency pair Floki/Tether (FLOKI/USDT) goes from the ascending trendline down.

A bearish trend downwards to the next support at 0.000228630 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.000254250 could occur.
Consider stop-loss settings accordingly.

Then a ‘Evening Star’ candlestick chart pattern is detected. The chart forms ‘Evening Star’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Evening Star’ going down is 72% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.000290000
2nd High 0.000284080
Next High 0.000254250
Current Price 0.000247750
Next Low 0.000228630
2nd Low 0.000207250
3rd Low 0.000206840

Download FLOKI/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals