The currency pair Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 0.000013540 is considered certain.
Caution: A possible change in the direction of support at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.
And also a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015740 |
| 2nd High | 0.000014700 |
| Next High | 0.000013540 |
| Current Price | 0.000013330 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000013540 – 0.000013390 – 0.000013380 – 0.000013100 – 0.000012840 – 0.000012820
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Three White Soldiers