The pair Shiba Inu/Tether (SHIB/USDT) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.000013320 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.276E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.000013320 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013500 |
| 2nd High | 0.000013390 |
| Next High | 0.000013320 |
| Current Price | 0.000013090 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000013320 – 0.000013390 – 0.000013500 – 0.000013100 – 0.000012940 – 0.000012020 — 39.720837350278 – 35.309920499257
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – – Symmetrical Triangle Chart Pattern – –