Sell FLOKI/USDT – 1H – SELL

The currency pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline down.

A bearish trend down to the next support level at 0.000221610 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 0.000259000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.00022161 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000259000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.000290000
2nd High 0.000284080
Next High 0.000259000
Current Price 0.000225220
Next Low 0.000221610
2nd Low 0.000207250
3rd Low 0.000203510

Download FLOKI/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals