The combination Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline down.
A bearish descent downwards to the next support line at 0.000013240 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000014110 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015670 |
| 2nd High | 0.000015520 |
| Next High | 0.000014110 |
| Current Price | 0.000014050 |
| Next Low | 0.000013240 |
| 2nd Low | 0.000013200 |
| 3rd Low | 0.000012970 |
0.000014110 – 0.000013800 – 0.000014020 – 0.000013240 – 0.000013200 – 0.000012970 — 57.440701890881 – 54.167375767
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – – Double bottom chart pattern –