The currency pair Shiba Inu/Tether (SHIB/USDT) breaks through the descending trendline up.
An ascent up to the next resistance level at 0.000012420 is certain.
Caution: A possible reversal of the trend in the direction of the support level at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000013510 |
| 2nd High | 0.000013140 |
| Next High | 0.000012420 |
| Current Price | 0.000012370 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000012420 – 0.000013140 – 0.000013510 – 0.000012100 – 0.000012070 – 0.000011830 — 57.887032075182 – 60.920360343211