SHIB/USDT – 4H – BUYThe combination Shiba Inu/Tether (SHIB/USDT) moves from the descending trendline down.
A continuation of the downward movement down to the next support at 0.000016190 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.000030460 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 2.700732E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.000030460 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000030460 |
| Current Price | 0.000023530 |
| Next Low | 0.000016190 |
| 2nd Low | 0.000015830 |
| 3rd Low | 0.000015480 |