The pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 0.000013380 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.000012840 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.338E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.000013380 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014700 |
| 2nd High | 0.000013440 |
| Next High | 0.000013380 |
| Current Price | 0.000013220 |
| Next Low | 0.000012840 |
| 2nd Low | 0.000012820 |
| 3rd Low | 0.000012330 |
0.000013380 – 0.000013220 – 0.000012770 – 0.000012840 – 0.000012820 – 0.000012330