SHIB/USDT – 1H – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the bearish trendline down.
A continuation of the downward movement down to the next support at will persist.
Caution: A possible counter-trend in the direction of resistance at 0.000011590 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012150 |
| 2nd High | 0.000012000 |
| Next High | 0.000011590 |
| Current Price | 0.000011350 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000011590 – 0.000012000 – 0.000012150 – 0.000011210 – 0.000011720 – 0.000011320
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – – Double top chart pattern