SHIB/USDT – 1H – SELLThe combination Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline down.
A bearish movement downwards to the next support level at 0.000023010 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000030460 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 2.098084E-5 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000030460 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000030460 |
| Current Price | 0.000023410 |
| Next Low | 0.000023010 |
| 2nd Low | 0.000018840 |
| 3rd Low | 0.000018400 |