SHIB/USDT – 30M – BUYThe currency pair Shiba Inu/Tether (SHIB/USDT) goes from the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 0.000015360 will persist.
Caution: A possible change in the direction of the support line at could occur.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.
And also a ‘Bullish Belt Hold’ candlestick pattern is discovered. The chart forms ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000015780 |
| 2nd High | 0.000015510 |
| Next High | 0.000015360 |
| Current Price | 0.000014680 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000015360 – 0.000015510 – 0.000015780 – 0.000014220 – 0.000013870 – 0.000014160
Trading Signals: FOREX – SHIB – SHIB/USDT – USDT – Bullish Belt Hold – Double top retreat up