Sell FLOKI/USDT – 30M – SELL

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.00022478 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.000242310 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Evening Star’ chart pattern is detected. The candles form ‘Evening Star’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Evening Star’ going down is 72% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.000252940
2nd High 0.000244770
Next High 0.000242310
Current Price 0.000225380
Next Low 0.000219490
2nd Low 0.000207250
3rd Low 0.000206840

Download FLOKI/USDT Signal Image

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