SHIB/USDT – 1H – BUYThe currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 0.000026210 will continue.
Caution: A possible counter-trend in the direction of the support zone at 0.000024000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 2.6525E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000026210 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000030460 |
| Next High | 0.000026210 |
| Current Price | 0.000024710 |
| Next Low | 0.000024000 |
| 2nd Low | 0.000022590 |
| 3rd Low | 0.000018840 |