FLOKI/USDT – 1H – SELL

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

A bearish trend down to the next support line at 0.000092560 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.000140000 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 0.00012853276 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.000140000 should be noted.
Consider stop-loss settings accordingly.

0.000140000 – 0.000102890 – 0.000097750 – 0.000092560 – 0.000095150 – 0.000095030

Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – – Symmetrical Triangle Chart Pattern