SHIB/USDT – 1H – BUYAdditionally a ‘Falling Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Falling Wedge Chart Pattern’. which is a positive signal. The currency pair is likely to go up.
The combination Shiba Inu/Tether (SHIB/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 0.000013380 will persist.
Caution: A possible change in the direction of the support line at 0.000012330 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014700 |
| 2nd High | 0.000013440 |
| Next High | 0.000013380 |
| Current Price | 0.000013270 |
| Next Low | 0.000012330 |
| 2nd Low | 0.000011890 |
| 3rd Low | 0.000011410 |
0.000013380 – 0.000013220 – 0.000012770 – 0.000012330 – 0.000012410 – 0.000012370