SHIB/USDT – 1H – BUYThe currency pair breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 0.000018850 is certain.
Caution: A possible counter-trend in the direction of the support zone at 0.000016900 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 1.885E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000018850 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000021690 |
| 2nd High | 0.000020390 |
| Next High | 0.000018850 |
| Current Price | 0.000018680 |
| Next Low | 0.000016900 |
| 2nd Low | 0.000015480 |
| 3rd Low | 0.000014900 |