SHIB/USDT – 30M – SELLThe currency pair goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 0.000017890 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.000019020 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 1.787668E-5 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support zone at 0.000019020 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000019860 |
| 2nd High | 0.000019150 |
| Next High | 0.000019020 |
| Current Price | 0.000018210 |
| Next Low | 0.000017890 |
| 2nd Low | 0.000017710 |
| 3rd Low | 0.000017530 |