Sell SHIB/USDT – 1H – SELL

The currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the ascending trendline down.

A bearish descent down to the next support line at is expected.

Caution: A possible trend reversal in the direction of the resistance line at 1.0E-5 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.

Support & Resistance Price Range*
3rd High
2nd High 2.0E-5
Next High 1.0E-5
Current Price 0.000007840
Next Low
2nd Low
3rd Low

1.0E-5 – 1.0E-5 – 1.0E-5 – 1.0E-5 – 1.0E-5 – 1.0E-5 —
0.000007830 – 0.000007970 —
44.681780742492 – 50.57893768395 —
– —
0.00001 – 1769029200

Trading Signals:

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