SHIB/USDT – 1H – SELLThe combination jumps from the ascending trendline downwards
A descending movement down to the next support at 0.000014900 is expected.
Caution: A possible change in the direction of the resistance level at 0.000021690 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 1.792E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.000021690 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000021690 |
| Current Price | 0.000019420 |
| Next Low | 0.000014900 |
| 2nd Low | 0.000014270 |
| 3rd Low | 0.000014150 |