SHIB/USDT – 1H – SELLThe currency pair moves from the ascending trendline down.
A descending movement downwards to the next support line at 0.000018390 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000019550 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.854E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.000019550 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000021690 |
| 2nd High | 0.000020390 |
| Next High | 0.000019550 |
| Current Price | 0.000018800 |
| Next Low | 0.000018390 |
| 2nd Low | 0.000017590 |
| 3rd Low | 0.000017530 |