SHIB/USDT – 4H – BUYThe pair breaks through the descending trendline upwards
The bullish trend upwards to the next resistance at 0.000019830 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.000016190 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.8886E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 0.000019830 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000021690 |
| Next High | 0.000019830 |
| Current Price | 0.000018370 |
| Next Low | 0.000016190 |
| 2nd Low | 0.000015830 |
| 3rd Low | 0.000015480 |