SHIB/USDT – 4H – SELLThe currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support at 0.000012500 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.000013390 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014380 |
| 2nd High | 0.000014190 |
| Next High | 0.000013390 |
| Current Price | 0.000012470 |
| Next Low | 0.000012500 |
| 2nd Low | 0.000011850 |
| 3rd Low | 0.000011210 |
0.000013390 – 0.000014190 – 0.000014060 – 0.000012500 – 0.000012710 – 0.000011850 — 47.868784878859 – 45.456959007308
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – – Triple bottom chart pattern – –