The currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.000013830 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.000012750 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000014700 |
| 2nd High | 0.000014160 |
| Next High | 0.000013830 |
| Current Price | 0.000013630 |
| Next Low | 0.000012750 |
| 2nd Low | 0.000011450 |
| 3rd Low | 0.000011370 |
0.000013830 – 0.000014160 – 0.000013500 – 0.000012750 – 0.000013080 – 0.000013090