SHIB/USDT – 1H – BUYThe currency pair moves from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 0.000015760 is expected.
Caution: A possible counter-trend in the direction of support at 0.000014270 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 1.576E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.000015760 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000016120 |
| Next High | 0.000015760 |
| Current Price | 0.000015380 |
| Next Low | 0.000014270 |
| 2nd Low | 0.000014150 |
| 3rd Low | 0.000012960 |