Moreover a ‘Falling Wedge Chart Pattern’ chart pattern is detected. The chart picture shows ‘Falling Wedge Chart Pattern’. which is a positive signal. The pair is likely to go up.
The pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.
An ascent upwards to the next resistance level at 0.000013620 is likely expected.
Caution: A possible change in the direction of the support line at 0.000011510 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016000 |
| 2nd High | 0.000014700 |
| Next High | 0.000013620 |
| Current Price | 0.000012070 |
| Next Low | 0.000011510 |
| 2nd Low | 0.000010490 |
| 3rd Low | 0.000010280 |
0.000013620 – 0.000012890 – 0.000013440 – 0.000011510 – 0.000012330 – 0.000011890