Sell FLOKI/USDT – 1H – SELL

The pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline downwards

The bearish trend downwards to the next support line at 0.000243170 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000265780 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.00023924012 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.000265780 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High
2nd High 0.000290000
Next High 0.000265780
Current Price 0.000248830
Next Low 0.000243170
2nd Low 0.000225420
3rd Low 0.000203590

Download FLOKI/USDT Signal Image

Trading Signals:

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