SHIB/USDT – 30M – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline down.
A bearish descent downwards to the next support line at 0.000011320 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.000012000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair could go down.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.126E-5 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 0.000012000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012330 |
| 2nd High | 0.000012150 |
| Next High | 0.000012000 |
| Current Price | 0.000011340 |
| Next Low | 0.000011320 |
| 2nd Low | 0.000011260 |
| 3rd Low | 0.000011050 |
0.000012000 – 0.000012150 – 0.000011630 – 0.000011480 – 0.000011720 – 0.000011320
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – – Rising Wedge Chart Pattern