SHIB/USDT – 4H – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline downwards
A bearish movement downwards to the next support level at 0.000023030 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.000030460 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 2.3145E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.000030460 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000030460 |
| Current Price | 0.000026340 |
| Next Low | 0.000023030 |
| 2nd Low | 0.000022590 |
| 3rd Low | 0.000016190 |