Sell FLOKI/USDT – 1H – SELL

The pair jumps from the ascending trendline down.

The bearish trend down to the next support at 0.000142110 is expected.

Caution: A possible trend reversal in the direction of resistance at 0.000151670 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 the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.000140845 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.000151670 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 0.000161060
2nd High 0.000152900
Next High 0.000151670
Current Price 0.000146330
Next Low 0.000142110
2nd Low 0.000128920
3rd Low 0.000128790

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