The currency pair Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline down.
A bearish trend downwards to the next support line at is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.000011800 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013620 |
| 2nd High | 0.000012330 |
| Next High | 0.000011800 |
| Current Price | 0.000011150 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000011800 – 0.000011780 – 0.000011770 – 0.000011070 – 0.000011480 – 0.000010040
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Two Crows – Rising Wedge Chart Pattern