FLOKI/USDT – 30M – SELLThe currency pair Floki/Tether (FLOKI/USDT) jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support at 0.000175920 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.000182670 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bearish Engulfing’ candle chart pattern is found. The chart forms ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to go down. 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 | 0.000232820 |
| 2nd High | 0.000184560 |
| Next High | 0.000182670 |
| Current Price | 0.000177600 |
| Next Low | 0.000175920 |
| 2nd Low | 0.000173630 |
| 3rd Low | 0.000172780 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bearish Engulfing