And also a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The combination Shiba Inu/Tether (SHIB/USDT) jumps from the bullish trendline downwards
The bearish trend down to the next support at 0.000014160 is certain.
Caution: A possible change in the direction of the resistance level at 0.000014850 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000016000 |
| 2nd High | 0.000015740 |
| Next High | 0.000014850 |
| Current Price | 0.000014340 |
| Next Low | 0.000014160 |
| 2nd Low | 0.000013450 |
| 3rd Low | 0.000012750 |
0.000014850 – 0.000013820 – 0.000013830 – 0.000014160 – 0.000013450 – 0.000012750
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – – Rising Wedge Chart Pattern