The pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline downwards
A bearish trend down to the next support level at 0.000023080 will persist.
Caution: A possible change in the direction of the resistance line at 0.000024850 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 2.44E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.000024850 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000026780 |
2nd High | 0.000026210 |
Next High | 0.000024850 |
Current Price | 0.000023810 |
Next Low | 0.000023080 |
2nd Low | 0.000022590 |
3rd Low | 0.000018840 |