SHIB/USDT – 4H – SELLThe currency pair moves from the bullish trendline downwards
A descending movement down to the next support level at 0.000012960 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.000021690 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.7065E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.000021690 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000021690 |
| Current Price | 0.000019420 |
| Next Low | 0.000012960 |
| 2nd Low | 0.000012930 |
| 3rd Low | 0.000012440 |