SHIB/USDT – 1H – BUYThe pair breaks through the bearish trendline up.
An ascending movement up to the next resistance at 0.000013870 is likely expected.
Caution: A possible change in the direction of the support zone at 0.000013000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.3555E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.000013870 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014230 |
| 2nd High | 0.000014110 |
| Next High | 0.000013870 |
| Current Price | 0.000013480 |
| Next Low | 0.000013000 |
| 2nd Low | 0.000012930 |
| 3rd Low | 0.000012820 |