FLOKI/USDT – 30M – SELLThe currency pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline down.
A descending movement downwards to the next support line at 0.000228630 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.000259000 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Bearish Engulfing’ candle pattern is found. The candles form ‘Bearish Engulfing’. 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 probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000290000 |
| 2nd High | 0.000284080 |
| Next High | 0.000259000 |
| Current Price | 0.000229350 |
| Next Low | 0.000228630 |
| 2nd Low | 0.000207250 |
| 3rd Low | 0.000206840 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing