SHIB/USDT – 30M – SELLThe combination Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 0.000023080 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000024820 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2.339E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 0.000024820 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000026160 |
| 2nd High | 0.000026050 |
| Next High | 0.000024820 |
| Current Price | 0.000023190 |
| Next Low | 0.000023080 |
| 2nd Low | 0.000022590 |
| 3rd Low | 0.000018840 |