The combination Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 0.000013940 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000014190 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘RSI fall below 70’ indicator signal is found. The indicator shows ‘RSI fall below 70’. this is usually a bearish signal. The currency pair is likely to fall.
Then a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015520 |
| 2nd High | 0.000014230 |
| Next High | 0.000014190 |
| Current Price | 0.000013990 |
| Next Low | 0.000013940 |
| 2nd Low | 0.000013930 |
| 3rd Low | 0.000013240 |
0.000014190 – 0.000014170 – 0.000014230 – 0.000013940 – 0.000013930 – 0.000013970 — 50.547577691263 – 44.105794316786
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – – Double bottom retreat down –