Sell FLOKI/USDT – 4H – SELL

The currency pair goes from the bullish trendline downwards

A bearish movement down to the next support level at 0.000125700 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000176990 could occur.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.00012709472 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000176990 could occur.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.000176990
Current Price 0.000137410
Next Low 0.000125700
2nd Low 0.000117000
3rd Low 0.000113510

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