SHIB/USDT – 4H – BUYThe currency pair breaks through the bearish trendline upwards
An ascent up to the next resistance line at 0.000019550 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.000015830 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 2.043596E-5 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.000019550 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000021690 |
| Next High | 0.000019550 |
| Current Price | 0.000019510 |
| Next Low | 0.000015830 |
| 2nd Low | 0.000015480 |
| 3rd Low | 0.000012960 |