Sell SHIB/USDT – 1H – SELL

The currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline down.

A continuation of the downward movement down to the next support line at 0.000024180 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.000027960 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 2.655E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.000027960 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.000028840
2nd High 0.000028330
Next High 0.000027960
Current Price 0.000026500
Next Low 0.000024180
2nd Low 0.000023320
3rd Low 0.000023030

Download SHIB/USDT Signal Image

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