Sell FLOKI/USDT – 4H – SELL

The combination Floki/Tether (FLOKI/USDT) moves from the bullish trendline downwards

A descending movement down to the next support at 0.000207250 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000254250 is also possible.
Consider stop-loss settings accordingly.

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 0.00022075198 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000254250 is also possible.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 0.000290000
2nd High 0.000284080
Next High 0.000254250
Current Price 0.000238990
Next Low 0.000207250
2nd Low 0.000203510
3rd Low 0.000114660

Download FLOKI/USDT Signal Image

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