Sell SHIB/USDT – 30M – SELL

The currency pair moves from the bullish trendline down.

A bearish movement downwards to the next support level at 0.000017720 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.000018660 could be enabled.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 1.73173E-5 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.000018660 could be enabled.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 0.000018850
2nd High 0.000018810
Next High 0.000018660
Current Price 0.000017780
Next Low 0.000017720
2nd Low 0.000017110
3rd Low 0.000016900

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