SHIB/USDT – 30M – BUYThe currency pair Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline downwards
A descending movement downwards to the next support line at 0.000024210 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.000025840 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 2.523112E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.000025840 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000026780 |
| 2nd High | 0.000026210 |
| Next High | 0.000025840 |
| Current Price | 0.000024740 |
| Next Low | 0.000024210 |
| 2nd Low | 0.000024150 |
| 3rd Low | 0.000023260 |