SHIB/USDT – 1H – SELLThe combination goes from the ascending trendline downwards
A bearish movement downwards to the next support line at 0.000023010 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.000028060 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2.578024E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.000028060 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000028060 |
| Current Price | 0.000027290 |
| Next Low | 0.000023010 |
| 2nd Low | 0.000018840 |
| 3rd Low | 0.000018400 |