Sell FLOKI/USDT – 1H – SELL

The pair moves from the ascending trendline downwards

A bearish trend downwards to the next support level at 0.000119820 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000124100 could be enabled.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.00012049516 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000124100 could be enabled.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 0.000131810
2nd High 0.000124360
Next High 0.000124100
Current Price 0.000122390
Next Low 0.000119820
2nd Low 0.000117000
3rd Low 0.000114890

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