Sell FLOKI/USDT – 30M – SELL

The pair jumps from the bullish trendline down.

A descent downwards to the next support level at 0.000137620 is expected.

Caution: A possible counter-trend in the direction of resistance at 0.000141530 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.000134305 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 0.000141530 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 0.000143510
2nd High 0.000143000
Next High 0.000141530
Current Price 0.000138750
Next Low 0.000137620
2nd Low 0.000136860
3rd Low 0.000125610

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