FLOKI/USDT – 30M – SELLThe currency pair Floki/Tether (FLOKI/USDT) goes from the bullish trendline down.
A descent down to the next support level at 0.000094670 will persist.
Caution: A possible change in the direction of the resistance line at 0.000102600 is also possible.
Consider stop-loss settings accordingly.
Also there is a ‘Last Engulfing Top’ candle pattern is detected. The chart forms ‘Last Engulfing Top’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000110970 |
| 2nd High | 0.000102650 |
| Next High | 0.000102600 |
| Current Price | 0.000101080 |
| Next Low | 0.000094670 |
| 2nd Low | 0.000093650 |
| 3rd Low | 0.000093070 |
0.000099150 – 0.000096620 – 0.000095880 – 0.000094670 – 0.000095990 – 0.000093650 — 66.126679871133 – 60.371713048104
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Last Engulfing Top – Triple bottom chart pattern – –