SHIB/USDT – 1H – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline down.
A bearish descent down to the next support line at is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.000013620 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016000 |
| 2nd High | 0.000014700 |
| Next High | 0.000013620 |
| Current Price | 0.000012140 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000013620 – 0.000013380 – 0.000013220 – 0.000011510 – 0.000012330 – 0.000012410