SHIB/USDT – 1H – BUYThe combination Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 0.000015360 will persist.
Caution: A possible counter-trend in the direction of the support line at 0.000014480 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 1.578E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000015360 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016000 |
| 2nd High | 0.000015780 |
| Next High | 0.000015360 |
| Current Price | 0.000015330 |
| Next Low | 0.000014480 |
| 2nd Low | 0.000014220 |
| 3rd Low | 0.000013870 |
0.000015230 – 0.000015360 – 0.000015780 – 0.000014480 – 0.000014220 – 0.000013870
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – – Triple bottom chart pattern