Sell FLOKI/USDT – 1H – SELL

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

A bearish descent downwards to the next support line at 0.000203590 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000244770 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 0.00022686 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000244770 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.000290000
2nd High 0.000265990
Next High 0.000244770
Current Price 0.000223340
Next Low 0.000203590
2nd Low 0.000138620
3rd Low 0.000114660

Download FLOKI/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals