Sell FLOKI/USDT – 1H – SELL

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

The bearish trend downwards to the next support level at 0.000247070 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.000290000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.00023924012 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 0.000290000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.000290000
Current Price 0.000256210
Next Low 0.000247070
2nd Low 0.000225420
3rd Low 0.000203590

Download FLOKI/USDT Signal Image

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