SHIB/USDT – 1H – SELLThe pair goes from the bullish trendline down.
A bearish descent downwards to the next support at 0.000013000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000013570 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 1.3E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000013570 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014110 |
| 2nd High | 0.000013870 |
| Next High | 0.000013570 |
| Current Price | 0.000013120 |
| Next Low | 0.000013000 |
| 2nd Low | 0.000012930 |
| 3rd Low | 0.000012820 |