Sell FLOKI/USDT – 30M – SELL

The pair jumps from the ascending trendline down.

A bearish movement downwards to the next support at 0.000152230 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000161060 could be enabled.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.0001523544 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000161060 could be enabled.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 0.000165500
2nd High 0.000163830
Next High 0.000161060
Current Price 0.000154830
Next Low 0.000152230
2nd Low 0.000152000
3rd Low 0.000149760

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