Shiba Inu (SHIBUSD) Price Forecast: March 14
SHIBUSD price might possibly breakout and resume its uptrend soon if buyers should trigger the buying pressure and breakup the $0.00001518 resistance level, the coin price may prolong the correction rise to a $0.00002000 high level. Thus, a clear buy signal.
Key Levels:
Resistance Levels: $0.00001400, $0.00001500, $0.00001600
Support Levels: $0.000011, $0.000010, $0.000009
SHIB (USD) Long-term Trend: Bearish (Daily Chart)
Due to the interaction from the sell traders, the market price of SHIBUSD is in a bearish trend in its long-term outlook. 
The increase in bearish pressure to the $0.00000982 support level in the past few days has resulted in the coin downward move in its recent low.
Pressure from the short traders further dropped the price of Shiba-Inu to a low of $0.00001064 value below the supply trend levels as the daily chart opens today.
Meanwhile, traders who buy the coin during a massive bearish market will also make profit.
As a matter of fact if all the support holds and the buy traders could push higher, the SHIBUSD price may likely rebound at the mentioned support value to rise above the supply trend line at $0.00002000 mark in the coming days in its long-term outlook.
SHIB (USD) Medium-term Trend: Bearish (4H Chart)
At now, the market price of the SHIBUSD is moving in a bearish market zone. The influx of sell traders is to blame for this.
The price drop to the $0.00001013 low value during the previous action has made the currency pair dropped below the supply trend lines in its recent low.
The coin has also reached a high level of $0.00001094 after which the bears dropped the price to the $0.00001066 support level below the two EMAs as the 4-hourly session opens today.
Hence, if the coin buyers could prove strongly and exchange hands with the bears at the $0.00001066 low value, the price of Shiba-Inu may likely turn upside and the market participants may witness a new recovery rally which might possibly reach the $0.000020 high mark in the days ahead in its medium-term time frame.
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