SHIB/USDT – 4H – SELLThe combination moves from the bullish trendline down.
A bearish descent downwards to the next support line at 0.000015480 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.000018850 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 1.482822E-5 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 0.000018850 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000021690 |
| Next High | 0.000018850 |
| Current Price | 0.000016790 |
| Next Low | 0.000015480 |
| 2nd Low | 0.000012960 |
| 3rd Low | 0.000012930 |