SHIB/USDT – 1H – BUYAdditionally a ‘Falling Wedge Chart Pattern’ chart pattern is found. The chart picture shows ‘Falling Wedge Chart Pattern’. which is a positive signal. The currency pair is likely to rise.
The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance level at 0.000012150 is expected.
Caution: A possible trend reversal in the direction of support at 0.000011800 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013620 |
| 2nd High | 0.000012240 |
| Next High | 0.000012150 |
| Current Price | 0.000012040 |
| Next Low | 0.000011800 |
| 2nd Low | 0.000011510 |
| 3rd Low | 0.000011410 |
0.000012150 – 0.000012240 – 0.000013620 – 0.000011800 – 0.000011880 – 0.000011870