SHIB/USDT – 1H – SELLThe combination jumps from the bearish trendline down.
A continuation of the downward movement down to the next support level at 0.000015830 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.000017970 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000018620 |
| 2nd High | 0.000018360 |
| Next High | 0.000017970 |
| Current Price | 0.000016770 |
| Next Low | 0.000015830 |
| 2nd Low | 0.000015480 |
| 3rd Low | 0.000014900 |