SHIB/USDT – 30M – SELLThe pair Shiba Inu/Tether (SHIB/USDT) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000013540 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014700 |
| 2nd High | 0.000013870 |
| Next High | 0.000013540 |
| Current Price | 0.000013150 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000013540 – 0.000013500 – 0.000013870 – 0.000012820 – 0.000013050 – 0.000013290