The pair Shiba Inu/Tether (SHIB/USDT) goes from the bearish trendline down.
A continuation of the downward movement down to the next support line at 0.000012820 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.000013170 is within the realm of possibility.
Consider stop-loss settings accordingly.
And also a ‘StochRSI cross above 20’ indicator signal is discovered. The indicator shows ‘StochRSI cross above 20’. which could be a positive signal. The currency pair could go up.
And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013920 |
| 2nd High | 0.000013420 |
| Next High | 0.000013170 |
| Current Price | 0.000012930 |
| Next Low | 0.000012820 |
| 2nd Low | 0.000012750 |
| 3rd Low | 0.000012370 |
0.000013170 – 0.000013420 – 0.000013920 – 0.000012820 – 0.000012980 – 0.000013410 — 43.175461391338 – 40.633195209927
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – – Double top retreat up – –