Buy FLOKI/USDT – 1H – BUY

The currency pair jumps from the descending trendline downwards

A continuation of the downtrend downwards to the next support at 0.000131230 is likely expected.

Caution: A possible change in the direction of the resistance level at 0.000136850 could be enabled.
Consider stop-loss settings accordingly.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.00013686 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.000136850 could be enabled.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 0.000148500
2nd High 0.000146450
Next High 0.000136850
Current Price 0.000131320
Next Low 0.000131230
2nd Low 0.000128790
3rd Low 0.000125220

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