SHIB/USDT – 30M – BUYThe pair moves from the ascending trendline down.
A bearish trend down to the next support line at 0.000016810 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.000017380 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.725802E-5 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of resistance at 0.000017380 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000017970 |
| 2nd High | 0.000017890 |
| Next High | 0.000017380 |
| Current Price | 0.000017150 |
| Next Low | 0.000016810 |
| 2nd Low | 0.000016550 |
| 3rd Low | 0.000015830 |