SHIB/USDT – 1H – BUYThe currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance line at 0.000027960 is considered certain.
Caution: A possible change in the direction of support at 0.000026640 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 2.817E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.000027960 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000028840 |
| 2nd High | 0.000028330 |
| Next High | 0.000027960 |
| Current Price | 0.000027460 |
| Next Low | 0.000026640 |
| 2nd Low | 0.000026550 |
| 3rd Low | 0.000024180 |