SHIB/USDT – 30M – SELLThe combination moves from the bullish trendline downwards
The bearish trend down to the next support level at 0.000016630 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000017260 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.6603E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.000017260 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000018190 |
| 2nd High | 0.000017940 |
| Next High | 0.000017260 |
| Current Price | 0.000016740 |
| Next Low | 0.000016630 |
| 2nd Low | 0.000016190 |
| 3rd Low | 0.000015830 |