Sell FLOKI/USDT – 4H – SELL

The combination jumps from the bearish trendline down.

A continuation of the bearish trend down to the next support level at 0.000118870 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.000131810 should always be considered.
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 is expected. Target of the current trend is 0.00011351 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.000131810 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.000183390
2nd High 0.000162480
Next High 0.000131810
Current Price 0.000122920
Next Low 0.000118870
2nd Low 0.000113510
3rd Low 0.000110980

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