The combination Shiba Inu/Tether (SHIB/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support at 0.000012110 will continue.
Caution: A possible change in the direction of the resistance level at 0.000012290 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.210272E-5 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.000012290 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012480 |
| 2nd High | 0.000012470 |
| Next High | 0.000012290 |
| Current Price | 0.000012200 |
| Next Low | 0.000012110 |
| 2nd Low | 0.000012000 |
| 3rd Low | 0.000011810 |
0.000012290 – 0.000012470 – 0.000012480 – 0.000012110 – 0.000012000 – 0.000012170 — 44.915635389568 – 38.952665046679
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – – Double top chart pattern – –