Sell FLOKI/USDT – 30M – SELL

The currency pair Floki/Tether (FLOKI/USDT) goes from the ascending trendline down.

A bearish movement down to the next support line at 0.000252350 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000265780 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 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.00023924012 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of support at 0.000265780 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.000290000
2nd High 0.000269280
Next High 0.000265780
Current Price 0.000256560
Next Low 0.000252350
2nd Low 0.000247070
3rd Low 0.000225420

Download FLOKI/USDT Signal Image

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