SHIB/USDT – 4H – SELLThe pair jumps from the ascending trendline down.
A descending movement down to the next support line at 0.000012960 will continue.
Caution: A possible change in the direction of the resistance zone at 0.000021690 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 1.44195E-5 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.000021690 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000021690 |
| Current Price | 0.000016660 |
| Next Low | 0.000012960 |
| 2nd Low | 0.000012930 |
| 3rd Low | 0.000012440 |