SHIB/USDT – 1H – BUYThe combination Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline down.
The bearish trend downwards to the next support level at 0.000024280 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.000026490 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 2.5605E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000026490 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000030460 |
| 2nd High | 0.000028180 |
| Next High | 0.000026490 |
| Current Price | 0.000024440 |
| Next Low | 0.000024280 |
| 2nd Low | 0.000024250 |
| 3rd Low | 0.000023030 |