The currency pair Shiba Inu/Tether (SHIB/USDT) jumps from the ascending trendline down.
A bearish descent down to the next support line at is expected.
Caution: A possible trend reversal in the direction of the resistance line at 1.0E-5 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 2.0E-5 |
| Next High | 1.0E-5 |
| Current Price | 0.000007840 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.0E-5 – 1.0E-5 – 1.0E-5 – 1.0E-5 – 1.0E-5 – 1.0E-5 —
0.000007830 – 0.000007970 —
44.681780742492 – 50.57893768395 —
– —
0.00001 – 1769029200
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – – Symmetrical Triangle Chart Pattern – –