Also there is a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The pair Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support level at will continue.
Caution: A possible trend reversal in the direction of resistance at 0.000012730 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014190 |
| 2nd High | 0.000013510 |
| Next High | 0.000012730 |
| Current Price | 0.000012380 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000012730 – 0.000012730 – 0.000012650 – 0.000011980 – 0.000012400 – 0.000012370 — 56.367917889829 – 54.562972291254
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – – Symmetrical Triangle Chart Pattern – –