SHIB/USDT – 4H – SELLThe combination jumps from the ascending trendline down.
A descent down to the next support level at 0.000013000 is expected.
Caution: A possible change in the direction of the resistance line at 0.000014110 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.244E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 0.000014110 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016120 |
| 2nd High | 0.000014550 |
| Next High | 0.000014110 |
| Current Price | 0.000013200 |
| Next Low | 0.000013000 |
| 2nd Low | 0.000012930 |
| 3rd Low | 0.000012440 |