And also a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
The pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline down.
A descent downwards to the next support line at 0.000012280 is considered certain.
Caution: A possible change in the direction of the resistance level at 0.000012720 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘StochRSI cross above 20’ indicator layout is detected. The indicator is ‘StochRSI cross above 20’. which is often a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013190 |
| 2nd High | 0.000013180 |
| Next High | 0.000012720 |
| Current Price | 0.000012520 |
| Next Low | 0.000012280 |
| 2nd Low | 0.000012040 |
| 3rd Low | 0.000011880 |
0.000012720 – 0.000012430 – 0.000012440 – 0.000012280 – 0.000012040 – 0.000011880 — 51.594569857906 – 50.319598600445
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – – Rising Wedge Chart Pattern – –