The currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support at 0.000012150 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.000012410 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012480 |
| 2nd High | 0.000012470 |
| Next High | 0.000012410 |
| Current Price | 0.000012390 |
| Next Low | 0.000012150 |
| 2nd Low | 0.000012110 |
| 3rd Low | 0.000012000 |
0.000012410 – 0.000012290 – 0.000012470 – 0.000012150 – 0.000012110 – 0.000012000 — 61.592704098972 – 61.592704098972
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Matching Low – Triple top chart pattern – –