Sell FLOKI/USDT – 4H – SELL

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

A descent downwards to the next support level at 0.000207250 is expected.

Caution: A possible trend reversal in the direction of resistance at 0.000254250 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.00022075198 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 0.000254250 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.000290000
2nd High 0.000284080
Next High 0.000254250
Current Price 0.000229350
Next Low 0.000207250
2nd Low 0.000203510
3rd Low 0.000114660

Download FLOKI/USDT Signal Image

Trading Signals:

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