SHIB/USDT – 30M – SELLThe combination moves from the ascending trendline downwards
A descending movement down to the next support line at 0.000017080 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000018990 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 1.8035E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.000018990 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000019880 |
| 2nd High | 0.000019860 |
| Next High | 0.000018990 |
| Current Price | 0.000017860 |
| Next Low | 0.000017080 |
| 2nd Low | 0.000016050 |
| 3rd Low | 0.000015480 |