SHIB/USDT – 1H – BUYThe combination breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 0.000018650 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 0.000016900 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 1.795E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000018650 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000021690 |
| 2nd High | 0.000020390 |
| Next High | 0.000018650 |
| Current Price | 0.000018590 |
| Next Low | 0.000016900 |
| 2nd Low | 0.000015480 |
| 3rd Low | 0.000014900 |