FLOKI/USDT – 1H – SELLThe pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline downwards
A bearish movement downwards to the next support level at 0.000168520 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000184870 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Last Engulfing Bottom:’ candlestick pattern is found. The chart forms ‘Last Engulfing Bottom:’. 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 probability of ‘Last Engulfing Bottom:’ going down is 65% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000241900 |
| 2nd High | 0.000232820 |
| Next High | 0.000184870 |
| Current Price | 0.000176590 |
| Next Low | 0.000168520 |
| 2nd Low | 0.000165220 |
| 3rd Low | 0.000163020 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Last Engulfing Bottom: