SHIB/USDT – 1H – SELLThe combination Shiba Inu/Tether (SHIB/USDT) goes from the descending trendline downwards
A continuation of the downtrend down to the next support at 0.000012330 is certain.
Caution: A possible change in the direction of the resistance line at 0.000012770 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012970 |
| 2nd High | 0.000012890 |
| Next High | 0.000012770 |
| Current Price | 0.000012680 |
| Next Low | 0.000012330 |
| 2nd Low | 0.000011890 |
| 3rd Low | 0.000011410 |
0.000012770 – 0.000012720 – 0.000012890 – 0.000012330 – 0.000012410 – 0.000012370