SHIB/USDT – 30M – SELLThe combination Shiba Inu/Tether (SHIB/USDT) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 0.000011980 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.000012480 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013140 |
| 2nd High | 0.000012730 |
| Next High | 0.000012480 |
| Current Price | 0.000012370 |
| Next Low | 0.000011980 |
| 2nd Low | 0.000011830 |
| 3rd Low | 0.000011450 |
0.000012480 – 0.000012440 – 0.000012730 – 0.000011980 – 0.000012400 – 0.000012540 — 57.579903929593 – 52.70452919466