And also a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The pair Shiba Inu/Tether (SHIB/USDT) moves from the bullish trendline downwards
A descending movement down to the next support at 0.000012280 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.000012720 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘StochRSI cross above 20’ indicator layout is existing. The indicator is ‘StochRSI cross above 20’. which could be a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013190 |
| 2nd High | 0.000013180 |
| Next High | 0.000012720 |
| Current Price | 0.000012520 |
| Next Low | 0.000012280 |
| 2nd Low | 0.000012040 |
| 3rd Low | 0.000011880 |
0.000012720 – 0.000012430 – 0.000012440 – 0.000012280 – 0.000012040 – 0.000011880 — 51.594569857906 – 50.319598600445
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – – Rising Wedge Chart Pattern – –