The currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline down.
A continuation of the downward movement down to the next support at 0.000012660 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.000012890 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair is likely to fall.
And also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative signal. The pair is likely to go down.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000013340 |
2nd High | 0.000012970 |
Next High | 0.000012890 |
Current Price | 0.000012630 |
Next Low | 0.000012660 |
2nd Low | 0.000012370 |
3rd Low | 0.000011890 |
0.000012890 – 0.000012830 – 0.000012970 – 0.000012660 – 0.000012370 – 0.000011890