The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 0.000027490 is certain.
Caution: A possible counter-trend in the direction of support at 0.000021180 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 2.442E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.000027490 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000028330 |
2nd High | 0.000027960 |
Next High | 0.000027490 |
Current Price | 0.000022760 |
Next Low | 0.000021180 |
2nd Low | 0.000020950 |
3rd Low | 0.000020880 |