SHIB/USDT – 30M – SELLThe pair jumps from the ascending trendline down.
A descending movement down to the next support line at 0.000016010 will persist.
Caution: A possible change in the direction of the resistance level at 0.000016760 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.55E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.000016760 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000018650 |
| 2nd High | 0.000017100 |
| Next High | 0.000016760 |
| Current Price | 0.000016100 |
| Next Low | 0.000016010 |
| 2nd Low | 0.000015500 |
| 3rd Low | 0.000014900 |