SHIB/USDT – 30M – SELLThe pair goes from the ascending trendline down.
A bearish descent down to the next support line at 0.000016190 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.000017940 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 1.619E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 0.000017940 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000019190 |
| 2nd High | 0.000018190 |
| Next High | 0.000017940 |
| Current Price | 0.000016770 |
| Next Low | 0.000016190 |
| 2nd Low | 0.000015830 |
| 3rd Low | 0.000015480 |