SHIB/USDT – 1H – SELLThe pair moves from the ascending trendline downwards
The bearish trend downwards to the next support level at 0.000018390 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.000019830 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.819E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.000019830 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000021690 |
| 2nd High | 0.000020390 |
| Next High | 0.000019830 |
| Current Price | 0.000018680 |
| Next Low | 0.000018390 |
| 2nd Low | 0.000016810 |
| 3rd Low | 0.000016550 |