Sell FLOKI/USDT – 4H – SELL

The combination jumps from the bullish trendline downwards

A bearish trend downwards to the next support level at 0.000125700 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.000162480 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.000137995 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.000162480 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.000162480
Current Price 0.000147450
Next Low 0.000125700
2nd Low 0.000117000
3rd Low 0.000113510

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