SHIB/USDT – 1H – SELLThe combination moves from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 0.000016390 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.000018190 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 1.769E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.000018190 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000019830 |
| 2nd High | 0.000019190 |
| Next High | 0.000018190 |
| Current Price | 0.000018090 |
| Next Low | 0.000016390 |
| 2nd Low | 0.000016190 |
| 3rd Low | 0.000015830 |