SHIB/USDT – 30M – SELLThe combination Shiba Inu/Tether (SHIB/USDT) goes from the descending trendline downwards
A continuation of the downtrend down to the next support at 0.000022590 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.000026780 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2.259E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 0.000026780 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000030460 |
| Next High | 0.000026780 |
| Current Price | 0.000024110 |
| Next Low | 0.000022590 |
| 2nd Low | 0.000018840 |
| 3rd Low | 0.000018400 |