SHIB/USDT – 30M – SELLThe combination goes from the ascending trendline down.
A bearish descent downwards to the next support at 0.000014270 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.000014610 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 1.436948E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.000014610 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015080 |
| 2nd High | 0.000014870 |
| Next High | 0.000014610 |
| Current Price | 0.000014510 |
| Next Low | 0.000014270 |
| 2nd Low | 0.000014150 |
| 3rd Low | 0.000012960 |