FLOKI/USDT – 1H – SELLThe pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline downwards
A descent downwards to the next support at 0.000134090 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 0.00014262816 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.000146060 |
| Next Low | 0.000134090 |
| 2nd Low | 0.000129710 |
| 3rd Low | 0.000128310 |
0.000145920 – 0.000144250 – 0.000144630 – 0.000134090 – 0.000129710 – 0.000128310
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – – Rising Wedge Chart Pattern