Sell FLOKI/USDT – 1H – SELL

The currency pair Floki/Tether (FLOKI/USDT) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support at 0.000207250 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.000284080 could happen.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.00022538188 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 0.000284080 could happen.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High
2nd High 0.000290000
Next High 0.000284080
Current Price 0.000242340
Next Low 0.000207250
2nd Low 0.000203510
3rd Low 0.000138620

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