SHIB/USDT – 30M – SELLThe combination moves from the ascending trendline down.
A descending movement downwards to the next support level at 0.000017110 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.000018660 could happen.
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 likely expected. 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 happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000018850 |
| 2nd High | 0.000018810 |
| Next High | 0.000018660 |
| Current Price | 0.000017720 |
| Next Low | 0.000017110 |
| 2nd Low | 0.000016900 |
| 3rd Low | 0.000015480 |