FLOKI/USDT – 1H – SELL

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

The bearish trend down to the next support at 0.000098330 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000110970 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.000102655 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.000110970 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

0.000110970 – 0.000102760 – 0.000098820 – 0.000098330 – 0.000095610 – 0.000095380 — 54.151830135128 – 52.998136127906

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – – Triple bottom chart pattern – –