SHIB/USDT – 30M – SELLThe pair Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline down.
A descending movement down to the next support line at 0.000013970 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.000014230 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘RSI fall below 70’ indicator signal is found. The indicator shows ‘RSI fall below 70’. this is usually a bearish signal. The pair is likely to go down.
Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015670 |
| 2nd High | 0.000015520 |
| Next High | 0.000014230 |
| Current Price | 0.000014050 |
| Next Low | 0.000013970 |
| 2nd Low | 0.000013240 |
| 3rd Low | 0.000013200 |
0.000014230 – 0.000014110 – 0.000013800 – 0.000013970 – 0.000013240 – 0.000013200 — 50.813639994684 – 49.803987919377