Sell FLOKI/USDT – 4H – SELL

The currency pair goes from the bullish trendline down.

A bearish movement down to the next support at 0.000138260 will continue.

Caution: A possible trend reversal in the direction of resistance at 0.000163830 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 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.0001366508 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 0.000163830 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High
2nd High 0.000176990
Next High 0.000163830
Current Price 0.000147550
Next Low 0.000138260
2nd Low 0.000132230
3rd Low 0.000125610

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