SHIB/USDT – 1H – SELLThe combination jumps from the descending trendline down.
A continuation of the downtrend down to the next support line at 0.000015830 is expected.
Caution: A possible change in the direction of the resistance line at 0.000017940 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.668E-5 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.000017940 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000019190 |
| 2nd High | 0.000018190 |
| Next High | 0.000017940 |
| Current Price | 0.000016400 |
| Next Low | 0.000015830 |
| 2nd Low | 0.000015480 |
| 3rd Low | 0.000014900 |