Sell FLOKI/USDT – 30M – SELL

The combination Floki/Tether (FLOKI/USDT) jumps from the ascending trendline down.

A bearish movement down to the next support line at 0.000239070 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.000260150 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.00023907 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.000260150 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.000280000
2nd High 0.000270220
Next High 0.000260150
Current Price 0.000242760
Next Low 0.000239070
2nd Low 0.000234250
3rd Low 0.000232550

Download FLOKI/USDT Signal Image

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