Sell FLOKI/USDT – 4H – SELL

The combination moves from the bullish trendline down.

The bearish trend down to the next support at 0.000125700 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000176990 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.00014525 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000176990 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.000176990
Current Price 0.000159850
Next Low 0.000125700
2nd Low 0.000117000
3rd Low 0.000113510

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