SHIB/USDT – 30M – SELLBesides a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The pair Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline downwards
A bearish descent down to the next support line at 0.000012320 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.000012470 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012570 |
| 2nd High | 0.000012480 |
| Next High | 0.000012470 |
| Current Price | 0.000012360 |
| Next Low | 0.000012320 |
| 2nd Low | 0.000012150 |
| 3rd Low | 0.000012110 |
0.000012410 – 0.000012290 – 0.000012470 – 0.000012320 – 0.000012150 – 0.000012110 — 56.92631882639 – 46.100497019291
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – – Rising Wedge Chart Pattern – –