SHIB/USDT – 1H – SELLThe pair goes from the bullish trendline down.
A descent downwards to the next support at 0.000018480 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.000019550 is within the realm of possibility.
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 is likely expected. Target of the current trend is 1.8315E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 0.000019550 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000021690 |
| 2nd High | 0.000020390 |
| Next High | 0.000019550 |
| Current Price | 0.000018730 |
| Next Low | 0.000018480 |
| 2nd Low | 0.000017590 |
| 3rd Low | 0.000017530 |