Sell FLOKI/USDT – 1H – SELL

The pair Floki/Tether (FLOKI/USDT) jumps from the descending trendline down.

A continuation of the downward movement downwards to the next support at 0.000207250 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000234830 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.00022414 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.000234830 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.000244770
2nd High 0.000238070
Next High 0.000234830
Current Price 0.000226080
Next Low 0.000207250
2nd Low 0.000203510
3rd Low 0.000138620

Download FLOKI/USDT Signal Image

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