SHIB/USDT – 1H – SELLThe currency pair jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support at 0.000013000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000013870 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.326196E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.000013870 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014230 |
| 2nd High | 0.000014110 |
| Next High | 0.000013870 |
| Current Price | 0.000013390 |
| Next Low | 0.000013000 |
| 2nd Low | 0.000012930 |
| 3rd Low | 0.000012820 |