SHIB/USDT – 4H – SELLThe combination Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.000011050 is certain.
Caution: A possible change in the direction of the resistance level at 0.000011800 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.
Besides a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013620 |
| 2nd High | 0.000012330 |
| Next High | 0.000011800 |
| Current Price | 0.000011330 |
| Next Low | 0.000011050 |
| 2nd Low | 0.000010040 |
| 3rd Low |
0.000011800 – 0.000012330 – 0.000013620 – 0.000011050 – 0.000010040 – 0.000011340