SHIB/USDT – 1H – BUYThe currency pair jumps from the bullish trendline downwards
A bearish descent downwards to the next support line at 0.000017530 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000019020 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 1.84184E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.000019020 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000020390 |
| 2nd High | 0.000019150 |
| Next High | 0.000019020 |
| Current Price | 0.000017820 |
| Next Low | 0.000017530 |
| 2nd Low | 0.000017080 |
| 3rd Low | 0.000016050 |