The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance level at 0.000012410 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 0.000011980 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘RSI cross above 30’ indicator signal is existing. The indicator shows ‘RSI cross above 30’. which is often a bullish chart scenario. The pair is likely to go up.
In addition a ‘StochRSI cross above 20’ indicator signal is existing. The indicator shows ‘StochRSI cross above 20’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013190 |
| 2nd High | 0.000013180 |
| Next High | 0.000012410 |
| Current Price | 0.000011980 |
| Next Low | 0.000011980 |
| 2nd Low | 0.000011930 |
| 3rd Low | 0.000011450 |
0.000012410 – 0.000013180 – 0.000013190 – 0.000011980 – 0.000011930 – 0.000012010 — 32.408017428916 – 37.233686468599