Sell FLOKI/USDT – 1H – SELL

The pair goes from the ascending trendline downwards

A bearish trend downwards to the next support line at 0.000138260 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 0.000161060 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.00014373198 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 0.000161060 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.000169170
2nd High 0.000163830
Next High 0.000161060
Current Price 0.000147550
Next Low 0.000138260
2nd Low 0.000132230
3rd Low 0.000125610

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