Sell FLOKI/USDT – 30M – SELL

The pair moves from the bearish trendline downwards

A continuation of the downtrend down to the next support level at 0.000160830 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 0.000172540 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.000160495 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.000172540 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.000176990
2nd High 0.000174530
Next High 0.000172540
Current Price 0.000168150
Next Low 0.000160830
2nd Low 0.000144000
3rd Low 0.000135170

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